Trust and Office Accounting unit (LCA606)

Hobart

Introduction

At the conclusion of this unit, you will be able to undertake appropriate general accounting and financial processes required to maintain trust and general account records according to law and good practice. You will develop knowledge and understanding of the important fiduciary, ethical and reporting obligations associated with the maintenance of trust accounts and protection of client funds using appropriate accounting and financial software. This Unit is organised into two modules: Office Accounting (for clients) and Trust Accounting. Assessment of tasks undertaken in Module 1 – Office Accounting will be mostly formative but key aspects identified by your instructor will be assessed on a summative basis. Assessment of Tasks and ‘random’ audits in Module 2 – Trust Accounting will be summative. You will be provided with opportunity to resubmit tasks that do not initially meet the required standard.

Summary

Unit name	Trust and Office Accounting
Unit code	LCA606
Credit points	12.5
College/School	Arts and Society Faculty of Law
Discipline	Centre for Legal Studies
Coordinator	Ms Emma White
Delivered By	Third Party(ies): Centre for Legal Studies
Level	Postgraduate

Availability

Location	Study period	Attendance options		Available to
Hobart	Legal Practice

Note

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Key Dates

Study Period	Start date	Census date	WW date	End date
Legal Practice	29/1/2026	9/3/2026	23/4/2026	15/7/2026

* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (refer to How do I withdraw from a unit? for more information).

Unit census dates currently displaying for 2026 are indicative and subject to change. Finalised census dates for 2026 will be available from the 1st October 2025. Note census date cutoff is 11.59pm AEST (AEDT during October to March).

About Census Dates

Learning Outcomes

• Apply legal knowledge and practical concepts to maintain trust and general account records according to law and good practice
• Undertake maintenance of trust accounts and protection of client funds in accordance with relevant fiduciary, ethical and reporting obligations
• Conduct relevant financial transactions including accounts payable and receivable, journal entries and reconciliation of financial transactions
• Display competency in the use of applicable office-based and accounting software.

Fee Information

Field of Education	Commencing Student Contribution 1,3	Grandfathered Student Contribution 1,3	Approved Pathway Course Student Contribution 2,3	Domestic Full Fee 4
090913	$2,174.00	$1,703.00	not applicable	$2,249.00

• Available as a Commonwealth Supported Place
• HECS-HELP is available on this unit, depending on your eligibility³
• FEE-HELP is available on this unit, depending on your eligibility⁴

¹ Please refer to more information on student contribution amounts.
² Please refer to more information on eligibility and Approved Pathway courses.
³ Please refer to more information on eligibility for HECS-HELP.
⁴ Please refer to more information on eligibility for FEE-HELP.

If you have any questions in relation to the fees, please contact UniConnect or more information is available on StudyAssist.

Please note: international students should refer to What is an indicative Fee? to get an indicative course cost.

Requisites

Prerequisites

Admission into L6B - Graduate Diploma of Legal Practice

Teaching

Teaching Pattern	Lecture - 1 hour weekly on campus Workshop - 1 hour weekly on campus Tutorial (Individualised) Tutorials - 0.5 hours as required
Assessment	Assessment Task: Trust Account Audit (30%)|Assessment Task: Trust Accounting (30%)|Assessment Task: Office Accounting Practice Exercises (40%)
Timetable	View the lecture timetable | View the full unit timetable

Textbooks

Required	See MyLO site for resources and readings
Recommended	See MyLO site for resources and readings

The University reserves the right to amend or remove courses and unit availabilities, as appropriate.