SQE1 Solicitors Accounts: The Complete Revision Guide
Solicitors Accounts tests the SRA Accounts Rules — handling client money correctly, the distinction between client and business money, and the double-entry postings for everyday transactions. It is precise and rules-based, and small errors are exactly what the questions probe.
How Solicitors Accounts is examined in SQE1
You'll be given a transaction and asked which account it affects, whether money is client or business money, or how to correct a breach. Residual balances, disbursements and mixed receipts are common.
The 6 Solicitors Accounts subtopics
Every area of the Solicitors Accounts syllabus, each with its own in-depth guide:
How to revise Solicitors Accounts
- Be certain what counts as client money and what does not (e.g. VAT on your own fees).
- Learn the postings for common transactions and mixed receipts.
- Know how a breach is remedied — promptly, and from the right account.
Solicitors Accounts SQE1 FAQ
Is Solicitors Accounts on SQE1?
Yes. Solicitors Accounts is one of the 13 subjects assessed in SQE1, examined in FLK2 through single best answer multiple choice questions.
How is Solicitors Accounts examined in SQE1?
You'll be given a transaction and asked which account it affects, whether money is client or business money, or how to correct a breach. Residual balances, disbursements and mixed receipts are common.
How should I revise Solicitors Accounts for SQE1?
Work through each subtopic, understand how it is tested, and practise exam-style questions under time. The LearnSQE course covers every Solicitors Accounts subtopic with a video lesson, notes, practice and a topic mock.
Learn Solicitors Accounts properly
Video lessons, practice and a topic mock for every subtopic — in the LearnSQE course.