BC lawyers provide professional services within a highly regulated environment. As professionals, they are regulated by the Law Society of BC and, consequently, must abide by the restrictions placed on their services laid out in the Legal Profession Act, the Law Society Rules, and the Code of Professional Conduct for British Columbia. Additional restrictions are placed on BC lawyers through the requirements of other legislation, such as BC government’s Provincial Sales Tax Act and the federal government’s Excise Tax Act. As a result, BC lawyers have specialized accounting needs and should adapt their accounting systems accordingly.
© 2019 Pelar Davidson
BC Law Firm Accounting 