3.1 Introduction and Objectives
The objectives of the Trust Accounting Essentials Module are:
- To understand the requirements of the Rules of the Law Society of Alberta with respect to lawyers' trust accounting.
- To appreciate what to consider in choosing where to bank.
- To learn how to manage your trust accounts, including how trust funds may be deposited and withdrawn from your trust accounts, how to reconcile trust accounts and how to avoid common trust accounting pitfalls.
Although we aim to present a comprehensive Module, this Module is not exhaustive. This Module is not a substitute for exercising professional judgment and does not constitute legal advice.
Last modified: Tuesday, 17 January 2017, 2:46 PM