Trust Account
Compliance
for Law Firms

Meridian & Co works with Australian law firms ahead of the annual external examination of their trust records. The objective is to ensure the trust account is in order before the examiner arrives, so the examination runs predictably and with minimal disruption to internal teams.


Where This Service Is Typically Used

When Firms Engage Us


Law firms approaching examination

Firms within six months of a scheduled trust account examination who want additional assurance before the examination takes place.

Firms, after a qualified examination report

Practices that have received qualified findings and need structured assistance to remediate identified issues.


Firms reviewing internal processes

Practices that have grown or experienced staff changes and want additional assurance that trust accounting procedures and records remain clear and consistent ahead of examination.

Practice managers and finance staff

In-house staff responsible for trust accounting who want practical support ahead of an upcoming examination or regulatory review.


The Practice

About the Practice

Meridian & Co brings professional qualifications and experience across trust accounting, audit environments, accounting operations, and advisory work within regulated professional services.Through this experience, we have seen the issues that most commonly arise in organisations that hold client money in trust, and the practical steps required to address them. In many cases, the underlying problems are straightforward once they are clearly identified.The focus of our work is to help firms ensure their trust account is in order ahead of external examination, allowing them to approach their next trust account examination with confidence.


Services

Trust Account Review Services

Meridian & Co provides independent trust account review services for organisations that hold client money in trust.Engagements focus on reviewing trust accounting procedures and supporting records ahead of examination or regulatory review.Where appropriate, we also provide guidance addressing matters identified during review, helping firms approach the trust account examination with clarity and confidence.Trust account reviews are commonly undertaken ahead of examination or where firms want independent assurance over their trust accounting framework.


Contact

Enquire about a trust account review

If you are preparing for a trust account examination, have received a qualified examination report, or simply want a smoother examination process, feel free to get in touch. Initial enquiries are handled with discretion and without obligation.

Email


This service provides independent advisory support and does not constitute legal advice. Trust accounting obligations vary by jurisdiction and advice is provided in the context of the applicable rules in your state or territory.

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