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CLC HoFA
Course: CLC HoFA Understanding the Role and Responsibilities (Live Webinar)
Cost: £175 + vat
CPD: 2 hours
Date: 23 February 2022
Code: DOL230222
Location: Webinar
Time: 10.00am to 12.00pm
Availability: Places
Book your place now:
The Head of Finance and Administration (HoFA) within an Alternative Business Structure (ABS) regulated by the Council for Licensed Conveyancers has special responsibility for ensuring that clients' money is handled in accordance with the CLC Accounts Code and that any breaches of the CLC Accounts Code are documented and reported back to the CLC as necessary. This webinar has been developed to provide delegates who attend with a clear understanding of what is involved in the role of the HoFA, including how best to ensure compliance with the CLC Accounts Code within the organisation.
The following topics will be covered -
The Role of HoFA
- Who should be appointed as HoFA?
- The HoFA's responsibilities
- Contingency planning
The CLC Accounts Code
- An overview of the rules
- Common problem areas
Recording and Reporting Breaches of the CLC Accounts Code
- Maintaining a breaches register
- The HoFA's obligations to the CLC
- Reporting breaches of the CLC Accounts Code to the CLC
Accounting Records, Internal Controls and Bank Reconciliations
- Maintaining compliant accounting records
- Effective internal controls
- Bank reconciliations - what to look out for
Open Forum
- A chance to ask questions and seek advice on specific issues