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ACCA backs SRA crackdown on solicitors holding client money
Yahoo Finance· 2026-02-23 14:40
The Association of Chartered Certified Accountants (ACCA) has given its backing to proposals from the Solicitors Regulation Authority (SRA) aimed at tightening oversight of solicitors who handle client money. In response to the SRA’s consultation, the accounting body said it supports the move to reinstate the requirement of mandatory filing for all accountants’ reports with the SRA, whether qualified or unqualified. The ACCA has also restated its support for the introduction of a compulsory yearly decla ...