Comprehensive Strategies for Managing Client Trust Funds, Equity Arrangements, and Regulatory Compliance in Law Firms
This advanced course is designed for accountants, financial professionals, and legal practitioners involved in managing the finances of law firms. Participants will gain in-depth knowledge of trust accounting, equity arrangements, and compliance with regulatory frameworks.
The course covers fundamental principles of trust accounting, the management and reconciliation of client trust funds, and strategies for structuring and managing equity arrangements. It also explores regulatory requirements and best practices for maintaining compliance with legal and financial standards.
Through real-world examples and expert insights, this course provides the tools and techniques needed to ensure accurate financial management and compliance in law firms.
Topics List
Chartered Professional Accountant
Brian Anderson, CPA, has more than 15 years of experience in accounting, taxation, and business advisory services, with particular expertise in partnership structures and professional service firms. Since obtaining his CPA designation, he has developed extensive practical knowledge across a broad range of accounting matters, including partnership taxation, adjusted cost base (ACB) calculations, GST/HST compliance, financial reporting, and business structuring. Brian has advised on all stages of the partnership lifecycle, from initial formation and ownership structuring through partner admissions and withdrawals, to partnership dissolutions and reorganizations. His experience includes helping businesses evaluate the use of corporations, holding companies, management corporations, and other related entities within partnership arrangements to achieve commercial and tax objectives. He holds a degree in Accounting with a minor in Law from Toronto Metropolitan University (formerly Ryerson University). In addition to his professional expertise, Brian has developed a global perspective through his exposure to international business practices, including time spent in Japan studying different approaches to business operations and governance.
