Five-paper exam
Paper 5: Legal Accounting, Costs & Practice Management
Trust accounts and the Fidelity Fund, legal costs from estimate to taxation, numeracy skills, and running a practice — the paper that decides whether you can be trusted with other people's money.
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Course outline
| # | Lesson | |
|---|---|---|
| 1 | What Paper 5 covers Free preview | open → |
| 2 | Trust money vs other money: ss 86–91 | 🔒 |
| 3 | The Fidelity Fund and your certificate | 🔒 |
| 4 | Managing the practice's money — and your own | 🔒 |
| 5 | Legal costs I: fees, mandates and contingency | 🔒 |
| 6 | Legal costs II: the costs orders decoded | 🔒 |
| 7 | Legal costs III: bills and taxation | 🔒 |
| 8 | Numeracy: the calculations that appear | 🔒 |
| 9 | Practice management: running (and starting) a firm | 🔒 |
| 10 | Paper 5 exam technique and study plan | 🔒 |