PCLL CONVE 8040

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HKU PCLL CONVE 8040Solicitors Accounts Exam
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4

maart 2022

2021/2022
The following questions require short answers only. Answer in 1-2 sentences only. Each part is worth one mark. a. The Solicitors’ Accounts Rules (Rules) require the client account to be reconciled at least once a calendar month. The reconciliation must be done to comply with the Rules. Why, other than for compliance, is this procedure useful for the law firm to perform? b. Solicitors, when requesting funds for the completion of a property purchase, often ask clients to provide them with ...
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