Continuing Professional Development Courses
Trust Accounting 101 Recording November 2020 recorded edition
Trust Accounting 101 Recording November 1, 2023 edition
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:
1. Understand the mandate of the LSBC’s Trust Regulation Department
2. Discuss the obligation that lawyers and professional staff have in handling client trust funds in light of the firm regulation regime
3. Explain the key concepts in trust accounting
4. Understand how to correctly operate trust accounts
5. Understand the annual trust report filing requirements
6. Apply the Trust Administration Fee (TAF) to applicable trust deposits
7. Prepare for a Compliance Trust Audit, and
8. Develop best practices for 2024 and beyond
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.