This unit describes the skills and knowledge required to maintain trust monies related to specific files, under instruction of a legal practitioner. It applies to individuals who work under supervision and use well-developed skills and a broad knowledge base to provide support in a range of legal service settings. They apply solutions to a range of unpredictable problems, and analyse and evaluate information from a variety of sources.

Unit details

Study level:
Vocational and further education (TAFE)
Unit code:


Assessment tasks will be designed to reinforce and extend knowledge and skill competence within set and controlled parameters in accordance with each unit's learning outcomes and performance criteria requirements, including the setting of work based practical application tasks designed to provide evidence of competence outcomes, within periodic and scheduled timelines. Students will be expected to demonstrate the following required skills: - comply with organisation's trust accounting policies and procedures demonstrating honesty, integrity and accuracy in calculations and reconciliations; - prepare accurate and compliant documentation, and; - resolve or appropriately refer discrepancies and irregularities. Students will also be expected to demonstrate the following knowledge: - outline scope of own role; - explain legal terminology in relation to trust accounting; - list relevant Australian Taxation Office regulations, current legislation governing trust accounts, and legal processes; - explain required documentation for trust account transactions, and security, confidentiality and privacy requirements; - discuss statutory charges, taxes and other fees applicable to institutions, and; - summarise accepted codes of practice relevant to the workplace.

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