SRA Audits Companies in London (Guide to Providers)
AC
Acumon Chartered Accountants·15 min read
Choosing an SRA audit provider is about more than meeting a regulatory requirement. For many law firms, the process also provides an opportunity to review financial controls, strengthen client money procedures, and identify areas where internal processes can be improved before issues develop into larger compliance concerns.
London is home to a broad mix of accountancy firms, audit specialists, and professional services providers that support legal practices with SRA audits and related compliance work. Some focus almost exclusively on solicitors and law firms, while others offer SRA audit services alongside wider audit, assurance, tax, and advisory solutions.
This guide highlights a selection of SRA audits companies operating in London. The purpose is not to rank providers or recommend one firm over another. Instead, it aims to provide practical context about the companies involved in this area, the services they offer, and the types of support they provide to legal practices navigating Solicitors Regulation Authority requirements.
Acumon
Acumon is a UK firm of chartered accountants and registered auditors that provides audit, assurance, and compliance services to businesses operating within regulated sectors, including law firms authorised by the Solicitors Regulation Authority (SRA).
The firm works with organisations ranging from owner-managed legal practices and regional law firms through to larger legal groups and regulated professional services businesses. Engagements are delivered using a structured, risk-based approach designed to support regulatory compliance, financial reporting, and governance requirements.
Law firms regulated by the SRA operate within a framework that places significant emphasis on client money protection, financial stability, governance, and compliance. Regular reviews and independent assurance procedures can help firms demonstrate that systems and controls remain aligned with regulatory expectations.
Acumon works with management teams, compliance officers, finance functions, and partners to support firms in meeting their regulatory obligations while strengthening financial oversight and internal control environments. This is particularly relevant for firms handling client money, operating multiple offices, managing complex ownership structures, or preparing for growth through acquisition or merger activity.
Many legal practices face increasing scrutiny around financial governance, risk management, anti-money laundering procedures, and client account controls. Independent audit and assurance reviews can help identify weaknesses, improve processes, and provide greater confidence to management and regulators.
Acumon supports legal practices throughout London and the wider UK, helping firms maintain robust financial processes and governance arrangements as regulatory expectations continue to evolve.
SRA Audit and Compliance Capabilities
Acumon provides audit and assurance services that support law firms operating within the SRA regulatory framework.
These include:
reviews of client money controls
SRA Accounts Rules compliance assessments
governance and internal control reviews
risk management and compliance support
financial systems and process reviews
regulatory assurance engagements
audit services for legal practices and professional services firms
Engagements are typically led by senior professionals with direct involvement throughout the review process.
Regulatory Licences and Registrations
Acumon combines its experience as a UK audit and assurance firm with an understanding of the regulatory environment in which legal practices operate.
The firm works with:
UK statutory audit registration
Public Interest Entity (PIE) audit licence
Jersey audit licence
Isle of Man audit licence
Cayman Islands audit licence
British Virgin Islands audit licence
This experience enables the firm to support organisations in strengthening compliance frameworks while maintaining practical and commercially focused processes.
Core Services
In addition to services supporting SRA-regulated firms, Acumon provides a broader range of audit, assurance, and governance services.
These include:
statutory external audit
group and subsidiary audits
Public Interest Entity (PIE) audits
charity and not-for-profit audit
audit of international group structures
internal audit and governance reviews
risk management and compliance support
These services are often delivered alongside discussions with management regarding governance arrangements, internal controls, and financial reporting processes.
Many organisations seek external assurance when they are:
preparing for regulatory review
strengthening governance frameworks
expanding operations
managing increased compliance requirements
handling significant client or third-party funds
implementing new financial systems and controls
Early engagement can help ensure that processes, documentation, and control environments remain aligned with both regulatory expectations and business objectives.
Address: 1-2 Craven Road, Ealing, London, W5 2UA, UK
Millet Audit Ltd
Millet Audit Ltd is a London-based audit and assurance firm that works with businesses across a range of sectors, including legal practices that require support with regulatory and financial compliance. Their SRA audit work focuses on helping law firms review how client money is received, held, recorded, and transferred in line with the Solicitors Regulation Authority Accounts Rules. They also assist firms in determining whether an accountant's report is required and in assessing whether existing financial controls and record-keeping processes meet regulatory expectations.
Their approach includes reviewing client account procedures, reconciliations, internal controls, and supporting documentation to identify areas where processes may need improvement. In addition to SRA-related work, they provide statutory audits, assurance engagements, and independent examinations. Their team works with firms of different sizes, including smaller legal practices and multi-office organizations, with an emphasis on maintaining compliance while minimizing disruption to day-to-day operations.
Key Highlights:
Specializes in audit, assurance, and compliance services for organizations in regulated sectors
Assists law firms with reviews of client money handling and SRA Accounts Rules compliance
Supports firms in determining accountant's report requirements and regulatory obligations
Reviews internal controls, reconciliations, and financial record-keeping procedures
Works with both smaller legal practices and larger multi-office firms
Provides statutory audits, assurance engagements, and independent examinations
Focuses on helping firms maintain compliance while minimizing operational disruption
Kendrick Sanford provides accounting, audit, and compliance services for law firms, with a particular focus on SRA audits and solicitor client account reviews. Their work centers on helping legal practices assess compliance with the SRA Solicitors Accounts Rules and reviewing how client funds are managed, recorded, and protected. They also support firms through the preparation of accountant's reports and related compliance processes.
Alongside audit work, they offer bookkeeping, financial reporting, and law firm accounting services. Their audit process includes planning, documentation review, examination of client accounts and records, and the preparation of final reports. The company provides both remote and on-site audit options, allowing firms to choose a format that fits their internal processes and operational requirements.
Key Highlights:
Focuses on audit and accounting services designed specifically for law firms
Provides support with SRA compliance requirements and solicitor client account reviews
Reviews client fund management processes and associated accounting records
Offers both remote and on-site audit arrangements depending on firm preferences
Assists with accountant's reports and ongoing compliance-related requirements
Combines audit services with bookkeeping and financial reporting support
Uses a structured audit process that includes planning, review, fieldwork, and reporting stages
Price Bailey is an accountancy and advisory firm that provides audit and assurance services across a wide range of industries. As part of its audit offering, the firm conducts SRA audits for legal practices that hold or manage client money and are required to comply with the Solicitors Regulation Authority Accounts Rules. Their work focuses on reviewing how client funds are handled, recorded, and protected, as well as assessing whether firms meet the requirements associated with accountant's reports.
Their SRA audit process includes reviewing client money systems, internal controls, reconciliations, client ledger records, and related procedures. The firm also examines transactions and controls against current SRA guidance and identifies any areas where compliance issues may exist. Alongside SRA audits, they provide other audit and assurance services for businesses, charities, financial services organizations, and professional firms.
Key Highlights:
Provides SRA audits as part of a broader audit and assurance practice
Works with law firms that hold or manage client money
Reviews client account controls, records, and reconciliation processes
Assesses compliance with current SRA Accounts Rules and guidance
Supports the completion of accountant's reports where required
Offers audit and assurance services across multiple industries
Provides both statutory and non-statutory audit services
A D Williams & Co is a London-based accountancy and audit firm that provides audit, assurance, tax, and business advisory services. Their SRA audit offering is aimed at law firms that need independent reviews of their compliance with the Solicitors Regulation Authority Accounts Rules. The firm's work focuses on examining client account processes and helping legal practices maintain appropriate controls over client funds and related financial records.
In addition to SRA audits, they carry out external audits and broader assurance engagements for businesses operating in different sectors. Their services are designed around reviewing financial information, internal controls, and reporting processes. The company also provides accounting and advisory support, giving clients access to both compliance-related and financial management services under one roof.
Key Highlights:
Provides SRA audit services for regulated legal practices
Reviews compliance with Solicitors Regulation Authority Accounts Rules
Conducts external audits and assurance engagements
Examines financial controls and reporting procedures
Works with businesses across a range of sectors
Offers accounting, audit, and advisory support services
Based in London with a focus on professional compliance services
Coveney Nicholls is an accountancy firm that works with businesses across a range of sectors, including legal practices that need support with financial controls, compliance, and audit preparation. Their content around SRA audits focuses on helping law firms build stronger financial processes throughout the year rather than treating compliance as a once-a-year exercise. They place particular attention on client money controls, reconciliations, billing procedures, internal oversight, and the systems that support compliance with the SRA Accounts Rules.
Their approach looks beyond the audit itself and examines how firms manage day-to-day financial operations. Areas such as client account management, residual balances, partner drawings, segregation of duties, and internal reviews are discussed as part of a wider control framework. In addition to audit-related support, they provide accounting, tax, and business advisory services to organizations across different industries.
Key Highlights:
Focuses on financial controls and compliance within legal practices
Supports law firms with SRA audit preparation and governance processes
Reviews client money procedures and reconciliation practices
Advises on internal controls, oversight, and risk management
Covers areas such as billing, WIP management, and partner drawings
Encourages year-round monitoring rather than periodic compliance reviews
Provides accounting, tax, and business advisory services
Cottons Group is an accountancy and advisory firm that provides audit, tax, compliance, and business support services. Their SRA audit team works with law firms that need assistance with Solicitors Accounts Rules compliance, accountant's reports, systems reviews, and ongoing regulatory requirements. They work with firms handling client money and review financial records, reconciliations, client account activity, and supporting documentation as part of the audit process.
The firm also supports legal practices with broader compliance and control-related matters. Their approach includes reviewing existing procedures, identifying areas where processes can be strengthened, and helping firms maintain documentation that supports regulatory requirements. Alongside legal sector work, they provide audit, tax, accounting, payroll, advisory, and corporate finance services.
Key Highlights:
Provides dedicated SRA audit and compliance support for law firms
Reviews client account records, reconciliations, and financial controls
Assists with accountant's reports and regulatory requirements
Supports firms with systems reviews and internal control assessments
Works with legal practices across different areas of law
Offers both remote and office-based audit support
Provides wider accounting, tax, and advisory services
RMT provides accounting, audit, advisory, and compliance services to businesses across multiple sectors. Their SRA audit service is designed for law firms and compliance officers responsible for overseeing client money and financial controls. The audits focus on reviewing whether firms have appropriate systems, procedures, records, and safeguards in place to meet the requirements of the SRA Accounts Rules.
Their team reviews client account transactions, reconciliations, controls, bank records, client ledgers, and related documentation. They also provide recommendations where processes can be improved and assist firms with preparing accountant's reports. Alongside SRA audit services, the company offers broader accounting, corporate finance, tax, technology, and outsourced business support services.
Key Highlights:
Provides specialist SRA audit services for legal practices
Supports compliance officers and finance teams within law firms
Reviews systems, controls, records, and client account procedures
Assesses compliance with SRA Accounts Rules requirements
Identifies areas where controls and processes can be strengthened
Assists with annual accountant's reports and related documentation
Offers a broad range of accounting and advisory services
BOSeCO Chartered Accountants provides accounting, tax, payroll, and compliance services, with a dedicated focus on supporting solicitors and legal practices. Their SRA Compliance Review service is designed for firms that hold or receive client money and are required to obtain an Accountant's Report under the Solicitors Regulation Authority requirements. Their work includes reviewing accounting records, assessing compliance with SRA rules, and helping firms maintain appropriate controls over client funds.
They also advise legal practices on improving financial controls and reporting procedures to reduce the risk of errors and support ongoing compliance. Alongside SRA-related work, they provide bookkeeping, payroll, VAT, annual accounts, tax management, and other accounting services. Their experience working with solicitors allows them to support firms with both regulatory obligations and day-to-day financial administration.
Key Highlights:
Provides SRA compliance reviews and Accountant's Reports for legal practices
Works with solicitors and law firms that handle client money
Reviews accounting records and client fund management procedures
Advises on internal control improvements and compliance processes
Supports firms with ongoing accounting and reporting requirements
Combines SRA-related work with broader accounting and tax services
Offers bookkeeping and financial administration support for legal practices
Address: 309 Regents Park Road, Finchley, London, N3 1DP
Phone: 020 8346 1813
Oury Clark
Oury Clark is a professional services firm that offers audit, accounting, tax, legal, and advisory services to businesses. Their audit department provides several types of assurance work, including SRA audits for law firms that are required to comply with Solicitors Regulation Authority regulations. These audits form part of a wider audit and compliance offering that also includes statutory audits, FCA-regulated audits, and other assurance services.
Their work focuses on reviewing financial records and assessing whether organizations meet relevant regulatory and reporting requirements. Alongside audit services, they provide support in areas such as business advisory, tax, legal services, wealth management, and scale-up support. Their London office works as part of a broader network serving businesses across different sectors.
Key Highlights:
Provides SRA audits as part of a broader audit and assurance practice
Offers statutory audits and FCA-regulated audit services
Works with businesses across a variety of industries and sectors
Supports compliance with financial reporting and regulatory requirements
Combines audit services with legal, tax, and advisory expertise
Provides assurance services beyond standard financial audits
Operates from offices including a location in central London
KWSR Auditing focuses on audit services for businesses and professional firms, including specialist SRA audits for law firms that handle client money. Their work is centered on helping firms review compliance with the Solicitors Accounts Rules and examining how client funds are managed, recorded, and protected. The audit process covers client account reconciliations, ledger reviews, fund segregation, supporting documentation, and internal control procedures.
They work primarily with small and medium-sized law firms and provide reviews designed to assess whether accounting records are accurate and whether controls are operating effectively. Their audits also include evaluating compliance procedures, identifying potential weaknesses, and preparing the reports required under SRA regulations. The company operates as part of a broader accountancy and audit practice based in London.
Key Highlights:
Specializes in SRA audits for small and medium-sized law firms
Reviews client money management and compliance procedures
Assesses accounting records, reconciliations, and client ledgers
Examines internal controls designed to safeguard client funds
Supports compliance with Solicitors Accounts Rules requirements
Provides Accountant's Reports where required under SRA regulations
Focuses on audit and compliance services for legal practices
SRA audits sit at the intersection of compliance, financial control, and client protection. While the immediate goal is often to meet regulatory requirements, the audit process can also give law firms a clearer view of how their client money procedures, record keeping, and internal controls are working in practice.
As this guide shows, London has no shortage of firms offering SRA audit services. Some focus almost entirely on the legal sector, while others provide SRA audits as part of a broader audit, assurance, or advisory offering. The right choice will depend on factors such as the size of the practice, the complexity of client account activity, and the level of support required beyond the accountant's report itself.
Rather than viewing an SRA audit as a once-a-year obligation, many firms now treat it as part of a wider compliance framework. A well-managed audit can help identify process gaps, strengthen controls, and reduce the likelihood of issues arising later. In a sector where client money must be handled with care and accountability, that kind of oversight remains an important part of running a legal practice.
AC
Written by the Acumon team
Acumon is an ICAEW-registered firm of chartered accountants and registered auditors
based in London, with offices in Pitstone, Aylesbury and Bournemouth. Need advice on
anything covered here? Talk to us.
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