Reporting Accountant and Compliance Partner
It is the firm’s obligation to ensure that the reporting accountants report is submitted by the reporting deadline.
However, the firm’s reporting accountant must submit the report to the Law Society with a covering letter attached. The firm’s compliance partner signs the report.
The compliance partner is a sole practitioner or solicitor who is a partner in a firm, which is a partnership of solicitors, and who is nominated from time to time by the firm and notified in writing to the Law Society as the partner responsible for completing and signing on behalf of all the partners the Form of Acknowledgement in the Reporting Accountant’s Report.
