The SRA Handbook is no longer in effect. It was replaced by the SRA Standards and Regulations on 25 November 2019.
Guidelines for accounting procedures and systemsBack to version 21
Version 12 of the Handbook was published on 31/10/2014. For more information, please click 'History' Above
Rule 26: Guidelines for accounting procedures and systems
The SRA may from time to time publish guidelines for accounting procedures and systems to assist you to comply with Parts 1 to 4 of the rules, and you may be required to justify any departure from the guidelines.
The current guidelines appear at Appendix 3.
The reporting accountant does not carry out a detailed check for compliance, but has a duty to report on any substantial departures from the guidelines discovered whilst carrying out work in preparation of his or her report (see rules 40 and 41.1(e)).