A D Danieli Chartered Accountants with its dedicated team of professionals and support staff, provides the quality service and partner accessibility that clients welcome.
We have two qualified external examiners to assist in the external examination of your legal trust account.
Under the Legal Profession Uniform Law (NSW) and the Legal Profession Uniform General Rules 2015, a law practice is required to have its trust records externally examined once in each financial year if it has received or held trust money, excluding transit money.
An external examination covers a law practice’s trust records from the beginning of April to the end of March in the following year. A report on the examination must be lodged with the Law Society by 31 May each year.
Appointing an External Examiner
Your law practice must appoint an external examiner to complete a written external examiner’s report on your trust records, which the examiner then forwards to the Law Society by 31 May each year.
During our examination, we will reference Instructions to External Examiners