The classes provided through The Society of Law Accountants in Scotland (SOLAS) and which are examinable by a Board of Examiners set up by SOLAS will relaunch in September.
The course has been revamped to take account of changing requirements within the profession and now focus initially on the three key areas of Cashroom Accounting, Executries and Feeing. The course is now for a period of one year and one term is dedicated to each module. Modules will be provided on one evening per week in Aberdeen, Dundee, Edinburgh, Glasgow and Inverness (numbers permitting). It is intended that modules will be provided on a more advanced basis for second year but that will depend on the popularity of the first year classes.
In order to provide as much flexibility as possible staff can either undertake all three modules in the one year or only one or two of the modules. Those students who successfully complete all 3 modules will then be able to apply to SOLAS for Associate Membership.
Cashroom Accounting and Administration:
10 weeks followed by exam
To be familiar with the rules which are incorporated within The Law Society of ScotlandcPractice Rules 2011.
To have a proper working knowledge of these.
To be able to apply these Rules in a working situation.
To understand VAT rules and banking practices as they apply to a Legal Practice.
By the end of the module students should be able to interpret the Accounts Rules, including the Money Laundering Regulations and apply them to day-to-day working practices. They will have an understanding of basic accounting principles, banking practices, VAT and all the administration that is required to run an efficient and compliant cashroom.
12 weeks followed by exam
To provide students with a good working knowledge of Executry procedure for testate and intestate Executries.
To provide a good working knowledge of the law which applies to intestate Executries.
To provide a good working knowledge of the procedure which applies to prior and legal rights.
By the end of the module students should be able to deal with the administration of straight forward Executries, whether testate or intestate, have a good working knowledge of what is required and when to seek advice from their line manager.
5 weeks followed by exam
To understand the reason for feeing.
To understand the importance of well maintained files.
To understand Terms of Business letters.
To understand the rules laid by the Law Society of Scotland which relate to feeing and the charging of fees.
To be able to fee a file.
By the end of the module a student should be sufficiently familiar with how a fee is arrived at to be able to fee up a properly maintained file at the correct rate and to recognise what points are missing from it.
For further information on the new SOLAS one year course, including costs, venues, start dates and application forms, please contact:
Education Board Administrator
17 Raith Gardens, Kirkcaldy, KY2 5NJ