CLC Rules
All licensed conveyancing firms are required to report annually under the CLC Rules. These rules operate in a similar way to the Solicitors’ Accounts Rules, established by the Law Society and governing the conduct of the holding of client money by solicitors.
We have considerable experience in carrying out work under the CLC Rules and assisting licensed conveyancing clients to fulfil their statutory obligations. All work is carried out to a high standard, in a timely manner and with a view to providing constructive advice in relation to any potential areas of weakness identified during the course of our work.
If you are unsure whether or not your practice is required to report under the CLC Rules, please contact us.
Statutory financial audit
If a licensed conveyancing firm operates as a limited company or LLP, it will require an audit of its financial statements under Companies Act 2006 if:
If a company is a member of a group and the group exceeds similar thresholds it may also be required to have an audit.
We are statutory auditors, qualified to carry out audit work under the Companies Act 2006 and have considerable experience in carrying out audit work in a range of business sectors and specialist fields.
All audit work is conducted in accordance with the high standards set by the Auditing Practices Board and in an efficient and timely manner. We view the audit process as a means to providing an added value service to our clients. In all cases, we endeavour to provide constructive observations and conclusions to management and, where possible, to provide recommendations and solutions for future action.
If you need advice or would like to discuss how we might assist you, please do not hesitate to contact us.