Many legal practice managers assume that hiring an experienced legal cashier fully solves their SRA Accounts Rules compliance requirements. However, relying solely on daily operational staff to monitor their own work creates a significant governance gap. Understanding the critical distinction between internal cashiering vs. independent COFA oversight is vital for any law firm seeking to…
An unmanaged—or completely empty—breach register is one of the most immediate red flags for a visiting SRA inspector or reporting accountant. Many Compliance Officers for Finance and Administration (COFAs) operate under the misconception that a blank register demonstrates perfect compliance. In reality, the SRA expects transaction anomalies to occur in everyday practice; what matters is…
COFA support services help UK law firms stay on top of the SRA Accounts Rules, reduce risk, and keep client money controls working in practice.
