March 24, 2016

 

LSUC PDCC Report

The Professional Development and Competence Committee have reported a re-focus of how and who they are spot auditing.  Sole practitioners and two lawyer firms running a real estate practice should be on alert.  These Law firm demographics have been rec...

April 9, 2014

Whether you’re launching out to start a new practice on your own, or perhaps you're a seasoned partner in a multi-lawyer firm; ensuring your bookkeeping is properly managed is fundamental to your practice. However, after spending countless hours studying law, most lawy...

December 4, 2013

At best, a Spot Audit can merely be a minor inconvenience – a routine checkup that only ensures your financial records and reporting are managed and maintained as they should be. Once the auditor reviews your books with satisfaction, they leave and you continue busines...

October 28, 2013

While I was at a practice management software conference in San Antonio, Texas, last month, the term “in the cloud” was noticeably interspersed throughout several key panels. Cloud computing is on a growth spurt, they said, companies large and small are adopting this n...

September 8, 2013

The most apparent benefit of adhering to the Law Society of Upper Canada (LSUC) bookkeeping By-Laws is the prevention of incompliance penalties. However, because a great deal of these By-Laws focus on keeping a “clean” set of books, a substantial value is that maintain...

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