Trust Accounts Consultancy
QLS assists the profession practice in an efficient, practical and a precise manner. We provide a number of services to support the day-to-day operation of a law practice. The Trust Account Consultancy is a complimentary service for newly established practices across Queensland.
In this section
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EFT Guidelines
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External examiners
This page provides information for external examiners when considering whether a trust account has been properly kept as well as guidance on the relevant documentation.
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Frequently asked questions about Trust accounting
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Notification pursuant to Section 260 of the Legal Profession Act 2007
Notify of a trust account irregularity.
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Opening and closing a trust account
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Part 3.3 Investigations
The Part 3.3 Investigations Policy sets out the process of Trust Account Investigations conducted by the Society and what practitioners should expect from those investigations.
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Trust Account Alerts
Trust Account Alerts to help your law firm understand current issues relating to trust accounting.
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Trust account transactions
See a range of information about trust account transactions, deposit information and electronic systems.
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Trust Accounting Remedial Course
The purpose of the course is to provide legal practitioners, whose actions are capable of constituting unsatisfactory professional conduct or whose fitness to practice has been called into question, with additional awareness of their trust accounting obligations.
Trust Accounting Guide
The Trust Accounting Guide (.pdf) is a valuable resource for assisting law practices to comply with the legislative requirements and good accounting practices for the operation of law practice trust accounts.
This section provides practitioners with information and tools to assist in the understanding and operation of trust accounts and the legislative requirements of doing such.
It includes an overview of the legislative requirements of trust accounting processes, a voluntary check list to assist external examiner's determine whether a law practice has complied with its legislative obligations, and an external examiner's program to guide accountants to properly discharge their duties when external examining solicitors' trust accounts.