Continuing Professional Development Courses
Trust Accounting 101 Recording November 2020 recorded edition
Trust Accounting 101 Recording COVID edition November 2020
Single person license
Earn 6 hours CPD including 2 hours of practice management and ethics.
Learning outcomes:
At the end of this course, you will be able to:
- Understand the mandate of the Law Society of British Columbia's Trust Assurance Department
- Discuss the obligation that lawyers and professional staff have in handling client trust funds in light of the firm regulation regime
- Explain the key concepts in trust accounting
- Understand how to correctly operate trust accounts
- Understand the annual trust report filing requirements
- Apply the Trust Administration Fee (TAF) to applicable trust deposits
- Prepare for a Compliance Trust Audit, and
- Develop best practices in light of the pandemic
Tax on Legal Services 101 May 2021 recorded edition
LSCB CPD 2.75 hours including 2 hours of practice management and client relations
Single seat license
Description:
At the end of this half day seminar, you should be able to:
1) recognize situations in which both GST and PST could apply;
2) understand the basics of how the PST applies to purchases of legal services;
3) understand how PST applies to fees, charges and disbursements;
4) understand how legal services provided under contract is regulated by PST Exemption & Refund Regulation s80;
5) understand the division of legal services provided within and outside of BC based on the PST Act sections 126 & 127;
6) understand what GST and PST audit process is;
7) access tools and information to help your firm comply with GST/HST and PST.