AML/CTF knowledge for accountants
Apply Tranche 2 obligations to entity formation, restructuring, business transactions, client money and trust or company services.
- AML/CTF guide for accountants5 min
A comprehensive guide for Australian accountants scoping professional designated services and operating risk-based AML/CTF controls from 1 July 2026.
- Business-sale AML for accountants5 min
How accountants distinguish advice and standalone valuation work from active assistance that directly advances a company or legal-arrangement sale or transfer.
- Company, trust and restructure AML6 min
A detailed guide to company and express-trust formation, item 6 legal-form restructuring and the service-specific customer due diligence accountants must perform.
- Client money AML for accountants5 min
A practical guide to receiving, holding, controlling or managing client property, direct advancement, payment boundaries and workflow controls for accountants.
- Equity and debt finance AML6 min
How accountants distinguish general advice from work advancing equity or debt finance for a body corporate, proposed body corporate or legal arrangement.
- Accountant checklist3 min
A file-ready AML/CTF checklist for accountants: designated services, entity ownership, source of funds, reporting, training and audit-ready records.
- Practice risk assessment3 min
How accounting firms structure an AUSTRAC-aligned ML/TF/PF risk assessment: services, customers, channels, geography and the controls that respond.
- SMSF AML guide3 min
When SMSF establishment or trustee services are designated for accountants, and the CDD, ownership and reporting duties that attach to them.
- When an accounting engagement changes3 min
Keep a clear service decision when routine accounting work moves into company formation, transaction assistance or another potentially designated service.
- Who can instruct the practice?3 min
Separate the customer, contact person and authorised representative when an accounting practice receives instructions for a designated service.
- A discretionary-trust CDD file3 min
Organise the deed, amendments, trustee authority, beneficiary descriptions and control analysis into a reviewable trust customer file.
- Corporate trustees and control maps3 min
Keep company shareholders and directors separate from trust roles when tracing the people relevant to an accounting client's designated service.
- Existing client, different service3 min
Review service scope, reusable evidence and the correct customer transition rules when a long-standing tax client requests different work.
- Outsourced formation and responsibility3 min
Document what the accounting practice and formation provider each do, separating designated-service scope from outsourced AML functions and CDD reliance.
- Client-file review and handover3 min
Review the reasoning and unresolved actions in an accounting AML file before another staff member takes responsibility for the next service step.
- Client migration and AML triage3 min
Import existing accounting contacts without confusing a successful data transfer with a completed service assessment, CDD decision or customer transition review.