Maintain legal knowledge

Working in the role you hold with Azure Beach Accountants and Financial Services; it is important to maintain up-to-date legal knowledge.

You need to be able to access and use systems for maintaining up-to-date knowledge about relevant legal aspects of corporations and trust law.

As part of your daily practice, you should review relevant legal sources regularly and apply any changes in your daily work.

Collect and collate business information

You are required to build a resource bank that can be referenced at any time to update your knowledge of legal principles in corporations and trust law.

Your task is to:

• Compile a list of sources that could provide ongoing and updated legal information.
• Identify and list a web-based source that can be used to provide up-to-date. knowledge on corporations and trust law.
• Use the information from 4 chosen sources you are required to explain how each could be applied to your own daily work practice.

Complete the following resource bank template.

Table 4 - Resource Bank

Source of Legal Information	How it can be applied to own daily work practice