Trust Accounting & Safety

Accounting Tips	Lawyers’ accounting obligations are set out in the Rules of the Law Society of Alberta, which apply to all aspects of trust accounting and to many aspects of General Ledger accounting.
Bookkeeping & Accounting in a Law Office	In a law office, “number-crunching” takes place at three levels: bookkeeping, accounting and management information reporting.
Prescribed Accounting Records	Prescribed Financial Records are set out in Rule 119.36.
Top Ten Tips: Financial Records Management	You must do a reconciliation of your trust and general accounts by the end of the following month even if you have no balance in either account.
Trust Accounting Glossary	An explanation of common trust accounting terminology.
Trust Conditions Guidelines	Alberta lawyers appreciated the format of the previous Code rules respecting trust conditions – a familiar checklist or guide for working through trust conditions issues.
Trust Misappropriation: Your Ounce of Protection	The bad news is that anyone can be a victim of fraud or theft. The good news is that there is much we can do to minimize the severity, duration and impact of loss.
What kind of Accounting Software Should I Buy?	Recommendations to keep in mind when shopping for a law office accounting package.
Trust Shortage and Reporting	The Rules, how to report a shortage and next steps.