Search

Search our SQE1 and SQE2 topics, study materials, courses, guides and help articles. Every result is labelled free or with the plan it belongs to.

108 results for “Client money and client accounts”.

High-yield notes(24)

See all 24

Client money and client accounts
High-yield note · Solicitors Accounts · FLK2
What counts as client money, the duty to pay it promptly into client account, the limited exceptions, and the ban on using client account as a banking facility
Log in or choose a plan to read this.
Subscription: Included in paid subscription plans. Not included in course passes unless stated.
Interest on client money
High-yield note · Solicitors Accounts · FLK2
The duty to account for a fair sum of interest, how firms set policies
Log in or choose a plan to read this.
Subscription: Included in paid subscription plans. Not included in course passes unless stated.
Transfers between client and business accounts and between clients
High-yield note · Solicitors Accounts · FLK2
When money may move from client to business account, inter-client transfers, and correcting money paid into the wrong account
Log in or choose a plan to read this.
Subscription: Included in paid subscription plans. Not included in course passes unless stated.
Receipts and payments of client and business money
High-yield note · Solicitors Accounts · FLK2
How to deal with incoming money, the conditions for withdrawing client money, sufficient funds
Log in or choose a plan to read this.
Subscription: Included in paid subscription plans. Not included in course passes unless stated.
Client money and financial benefits in a conduct context
High-yield note · Ethics and Professional Conduct (FLK1) · FLK1
Code duties to account for financial benefits and safeguard client money, the ban on providing banking facilities, referral and fee-sharing arrangements, and the conduct consequences of Accounts Rules breaches
Log in or choose a plan to read this.
Subscription: Included in paid subscription plans. Not included in course passes unless stated.

Topics & skills(3)

Client money and client accounts
Topic · Solicitors Accounts · FLK2
Free: Free for everyone — no plan needed.
Interest on client money
Topic · Solicitors Accounts · FLK2
Free: Free for everyone — no plan needed.
Receipts and payments of client and business money
Topic · Solicitors Accounts · FLK2
Free: Free for everyone — no plan needed.

Blackletter rules(28)

See all 28

Client money: definition and prompt payment into client account
Blackletter rule · Solicitors Accounts · FLK2
Log in or choose a plan to read this.
Subscription: Included in paid subscription plans. Not included in course passes unless stated.
Availability, prompt return of client money and residual balances
Blackletter rule · Solicitors Accounts · FLK2
Log in or choose a plan to read this.
Subscription: Included in paid subscription plans. Not included in course passes unless stated.
When client money need not be paid into client account (rr 2.2–2.3)
Blackletter rule · Solicitors Accounts · FLK2
Log in or choose a plan to read this.
Subscription: Included in paid subscription plans. Not included in course passes unless stated.
Client accounts and the prohibition on banking facilities (r 3)
Blackletter rule · Solicitors Accounts · FLK2
Log in or choose a plan to read this.
Subscription: Included in paid subscription plans. Not included in course passes unless stated.
The four categories of client money (r 2.1)
Blackletter rule · Solicitors Accounts · FLK2
Log in or choose a plan to read this.
Subscription: Included in paid subscription plans. Not included in course passes unless stated.

Flashcards(43)

See all 43

Name the rule 2.3 exceptions to paying client money into client account.
Flashcard · Solicitors Accounts · FLK2
Log in or choose a plan to read this.
Subscription: Included in paid subscription plans. Not included in course passes unless stated.
May business money be kept in client account as a cushion?
Flashcard · Solicitors Accounts · FLK2
Log in or choose a plan to read this.
Subscription: Included in paid subscription plans. Not included in course passes unless stated.
When must client money be paid into client account?
Flashcard · Solicitors Accounts · FLK2
Log in or choose a plan to read this.
Subscription: Included in paid subscription plans. Not included in course passes unless stated.
When must client money be returned?
Flashcard · Solicitors Accounts · FLK2
Log in or choose a plan to read this.
Subscription: Included in paid subscription plans. Not included in course passes unless stated.
Must client money be available on demand?
Flashcard · Solicitors Accounts · FLK2
Log in or choose a plan to read this.
Subscription: Included in paid subscription plans. Not included in course passes unless stated.

Video lessons(3)

What counts as client money
Video lesson · Solicitors Accounts · FLK2
Definition, handling rules and common breaches under the SRA Accounts Rules 2019.
Log in or choose a plan to read this.
Subscription: Included in paid subscription plans. Not included in course passes unless stated.
Bills, VAT and moving costs
Video lesson · Solicitors Accounts · FLK2
When a firm may move money for costs from client account and how VAT appears in the ledgers
Log in or choose a plan to read this.
Subscription: Included in paid subscription plans. Not included in course passes unless stated.
After completion: SDLT and registration
Video lesson · Property Practice · FLK2
The steps and deadlines after completion of a residential purchase.
Log in or choose a plan to read this.
Subscription: Included in paid subscription plans. Not included in course passes unless stated.

Mind maps(2)

Client money: mind map
Mind map · Solicitors Accounts · FLK2
Log in or choose a plan to read this.
Subscription: Included in paid subscription plans. Not included in course passes unless stated.
Double-entry bookkeeping: mind map
Mind map · Solicitors Accounts · FLK2
Log in or choose a plan to read this.
Subscription: Included in paid subscription plans. Not included in course passes unless stated.

Cheatsheets(3)

Solicitors Accounts: quick reference
Cheatsheet · Solicitors Accounts · FLK2
Client money, office money, bookkeeping format, mixed receipts, interest, reconciliations and common breaches.
Log in or choose a plan to read this.
Subscription: Included in paid subscription plans. Not included in course passes unless stated.
Ethics and Professional Conduct: quick reference
Cheatsheet · Ethics and Professional Conduct (FLK1) · FLK1
Conflicts, confidentiality, duties to the court, undertakings, client money in a conduct context, reporting
Log in or choose a plan to read this.
Subscription: Included in paid subscription plans. Not included in course passes unless stated.
Ethics in Practice (FLK2): quick reference
Cheatsheet · Ethics and Professional Conduct (FLK2) · FLK2
Conduct rules as they arise in property, probate, criminal, disputes and business matters, with
Log in or choose a plan to read this.
Subscription: Included in paid subscription plans. Not included in course passes unless stated.

Courses & events(2)

Solicitors' accounts essentials: a free webinar
Course · Webinar · SQE1 · SQE1 January 2027
get wrong. A lunchtime session on the core ideas behind the SRA Accounts Rules: what counts as client money, when it must be paid into a client account, how to read … available for 30 days. Educational content only; always check the current SRA rules. What is client money? Reading client and office ledgers Common breaches and how they are tested Questions from attendees
Free: Free for everyone — no plan needed.
SQE1 FLK2 Bootcamp - November 2026
Course · Crash course · SQE1 · SQE1 January 2027
Five Sunday sessions on property, wills, accounts, land, trusts and criminal law. A weekend programme for the January 2027 SQE1 sitting covering the FLK2 subjects candidates most often ask us to revisit … and revocation Intestacy Personal representatives and grants Wills and the administration of estates Client money and the SRA Accounts Rules Ledgers and double entry Breaches and reconciliations Solicitors' accounts Registered land and
Log in or choose a plan to read this.
Course only: Only for students enrolled on the course. Subscriptions do not include live courses.