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Are you a solicitor in need of support for your accounts and SRA reports? RRDigitax Accounting is ready to assist you.

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SRA Audits

At RRDigitax Accounting, we specialize in delivering comprehensive accounting services tailored for small businesses, with a particular focus on expert assistance with SRA reports. Our experienced team possesses extensive knowledge of SRA regulations, ensuring you navigate compliance requirements seamlessly.

We proudly serve a diverse clientele across various sectors and business models, demonstrating our capability to meet your unique financial needs, whether personal or business-related. Here’s a snapshot of the types of businesses we regularly assist:

What is an SRA Report?

An SRA report is a mandatory document that solicitors must submit to the Solicitors Regulation Authority (SRA) to demonstrate compliance with legal and regulatory standards. It provides a comprehensive account of all financial transactions involving client funds.

This requirement is designed to protect the data and funds of clients who engage the services of a solicitor.

As a solicitor, you are required to undertake the following as part of an SRA report:

  • Demonstrate that your clients’ money is secure
  • Reassure clients of your ability to safeguard their funds
  • Provide assurance to clients and the public that money is being managed appropriately
  • Submit relevant information to the SRA regarding the protection of client money.

All of this information must be compiled and submitted to the SRA as an annual compliance report.

Why Hire a Professional for Your SRA Reports?

Due to the complexity and significance of SRA reports, it is highly recommended to seek assistance from experienced professionals. Accurate and timely compliance is crucial, and attempting to prepare these reports independently without the necessary expertise may result in errors and regulatory risks.

Engaging a professional to manage your SRA reports is the most effective way to ensure compliance and safeguard your legal practice.

Given the requirement for an accountant's report, consulting with an accountant who specializes in legal services is essential for ensuring precise and compliant financial reporting.

How RRDigitax Can Help You Submit SRA Reports

RRDigitax Accounting provides comprehensive accountancy services tailored for solicitors and legal practices, ensuring compliance with SRA regulations.

In addition to offering accountancy management and tax return assistance, we also specialize in creating and submitting SRA reports.

We have partnered with skilled and detail-oriented auditors who can efficiently and cost-effectively manage all your auditing needs. Our expert partners will conduct SRA compliance reviews and ensure the timely submission of your annual reports.

Our SRA auditing service provides valuable insights that can help you implement control improvements, enhancing future SRA compliance and reducing the risk of errors or misstatements.

RRDigitax’s SRA Compliance Review Service Includes:

  • A completed Accountant’s Report
  • A finalized SRA Compliance Annual Report
  • Expert advice on safeguarding client funds and data
  • Guidance on implementing control improvements for the future
  • General advice on accounting and tax return assistance, including Corporation Tax

By partnering with us, you can be confident that your accounts will be prepared and audited in strict compliance with SRA regulations. We work closely with you throughout the process, addressing your questions and providing expert advice to enhance your compliance efforts.

With RRDigitax, your legal practice will be in capable hands as we guide you through the SRA approval process.

Contact RRDigitax Accounting today to learn more about our SRA audit services. We also offer a comprehensive range of accounting and tax solutions to ensure your practice is fully supported.

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Discuss your business and accounting needs in detail with our friendly team, with absolutely no obligation.

Discover how we assist business owners like you.

Extremely informative and supportive. Addressed all my questions regarding account reviews.

Dhm By Isang Ltd

I am very pleased with RRDigitax's services. They provide excellent support with payroll, tax returns, VAT, and more. Account Plus consistently delivers, and it's a company with great guidance. I highly recommend them to anyone facing accounting challenges. Be sure to reach out to them!

Manuel Pedro Da Costa

I have relied on Ali as my accountant for many years, and he consistently provides excellent advice and prompt service. He has also assisted my daughter in becoming a sole trader and manages her accounts.

Alan Shaw

Outstanding, dependable, and professional service!

Wendy Denny

Fantastic service! Faisal and the team provide truly tailored support. I thoroughly enjoy working with RRDigitax.

Jas Rai