Attorneys Trust Audit

An Attorneys Trust Audit is a requirement of thethe Attorneys Act of South Africa.  An annual audit report is prepared following this audit and is to be submitted within 6 months of the Attorneys' financial year end.  Further to this the following Law Societies of South Africa also require a Trust Audit:

• Law Society of the Northern Provinces
• Cape Law Society
• Kwa Zulu Natal Law Society
• Free State Law Society

Given the risk, an Attorneys Trust Audit is a comprehensive audit that covers all the major risk areas surrounding holding third party funds in a fiduciary capacity.   

CFO360 provides comprehensive Attorneys Trust Audit services as well as further advice, guidance and assistance to Attorneys and Firms.