Assurance Engagement on Attorneys’ Trust Account

The Attorney’s Act, No. 53 of 1979 (Act) requires attorneys to have their trust accounts audited, in terms of whether those accounts have been maintained in compliance with Section 78(1), 78(2)(a) and (b), 78(2A), 78(3) and 78(4) of the Act, and certain identified Rules of the Attorney’s Profession (Rules). This article provides an overview of the current assurance model applied by auditors in conducting such a compliance engagement.