Solicitors

Makesworth Accountants can help solicitors make sure they are following the rules for annual accounting reports set by the Solicitors Regulation Authority (SRA). Our specialised accounting, tax, business, and compliance advisory services have helped lawyers and law firms. Our professionals have a huge amount of knowledge and experience in all areas of legal accounting. We have worked closely with law firms of all sizes, including sole practitioners, limited companies, partnerships, and limited liability partnerships. Our knowledge gives our clients peace of mind, because they know that their financial reports are in line with industry standards. Solicitors Regulation Authority (SRA): We give expert advice on the systems and processes in place for handling client money, so that compliance reports can be sent to SRA quickly and easily. 2007 Act on Legal Services We give helpful advice on all the financial parts of the Legal Services Act and guarantee that you will be in full compliance. In terms of accounting and tax advice, we offer the following services to the legal profession: Bookkeeping Statutory company accounts Management accounts Notification & compliance of HMRC and Companies House deadlines VAT returns Payroll management service Company Secretarial service Company and Self-Assessment tax returns Solicitors Accounts Rules (SAR) reports Tax planning Specialist tax and VAT advice

Audit Support Services

Audit file preparation involves a lot of time consuming and extra effort on top of regular work. The Makesworth audit support services team has a highly competent professionals with many years of experience having an in depth understanding of UK regulations. Qualified and the experienced professionals are involved in the preparation of audit working papers which will reduce the chance of errors or missed deadlines. With the help of Makesworth audit support services expert you can find the file preparation services tailored to fit with your specific needs. With all this you can focus for getting new clients.

Scope of work

Working with auditors regarding requirements for testing and documentation

Preparing the audit file on audit software

Preparing the financial statements and the schedules that match with the final accounts

Extracting the information from the UK Companies House for the evidence that need to be disclosed in the audit report

Preparing the checklist for ensuring that all the audit works are completed

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Software Capabilities

Our team has proficiency across all the major software used in the accounting industry.