ClientTrustFundsandLawOfficeAccounting.pptVIP

Client Trust Funds Client Trust Funds Client Trust Funds Client Trust Funds Trust Account Management Trust Account Management Interest on Lawyers’ Trust Accounts (IOLTA) Budgeting Budgeting Budgeting Collection Collection Collection/Withdrawing from Cases Collection/Withdrawing from Cases Collection/Withdrawing from Cases Internal Controls Internal control refers to procedures that an organization establishes to set up checks and balances so that no one individual in the organization has exclusive control over any part of the accounting system. Good internal controls prevent or make it much