Built for Australian accounting and advisory firms
AML/CTF compliance software for accountants
A profession-specific AML/CTF workflow for Australian accountants providing entity, transaction, client-money, trust or company services under Tranche 2.
Browse the complete AML/CTF library for Accountants and accounting practicesDesignated services this workflow recognises
The legal trigger is the service being provided, not the professional title. The workspace records a decision for each engagement or matter.
- Creating companies, trusts and legal arrangements
- Entity restructuring
- Holding or managing client funds or assets
- Buying or selling businesses
- Nominee, registered-office and TCSP work
See a accounting engagement move through the workspace
This representative, fictional record uses the same terminology and sequence shown to accountants and accounting practices in Cassandra AML. No personal information is shown.
Accounting engagement example
Greenline Group entity restructure
Client engagement work
- Enrol with AUSTRACComplete
Record your AUSTRAC enrolment number and confirmed status so the firm's transition timing is documented beside the workbench.
- Complete the risk assessmentComplete
Document the accounting firm's designated services, client types, delivery channels and AUSTRAC risk factors, and update it when services change.
- Create policies and processesCurrent
Build or upload the AML/CTF policy and process that governs escalation triggers, internal controls and risk-based client handling.
- Onboard your staffNext
Nominate the governing body, compliance officer, senior manager and client-facing staff, then assign each person's access and roles.
- Complete staff trainingNext
Deliver AUSTRAC risk-based AML/CTF awareness training to every staff member and keep completion evidence current.
- Onboard and monitor clientsNext
Run KYC and KYB checks, map beneficial ownership, record screening and source-of-funds decisions for captured engagements, and keep monitoring current.
Evidence ready for organisation review
- Engagement-level designated-service decisions
- ABN, ASIC and trust evidence
- Ultimate beneficial-owner calculations
- EDD and source-of-funds records
- Partner approvals and audit history
Cassandra AML assists your compliance work; it does not provide legal advice, guarantee compliance or imply AUSTRAC endorsement.
Practical AML/CTF guidance for Accountants and accounting practices
Start with the profession pillar, then use the focused guides for the exact service, customer or control you are handling. Each article links to primary AUSTRAC or legislative material.
Questions accountants and accounting practices ask
Are all accountants and accounting practices automatically regulated by AUSTRAC?
No. AML/CTF status depends on whether the business provides a designated service with the required Australian geographical link, not the professional title alone. Assess each service and obtain advice where the boundary is uncertain.
What should accountants and accounting practices record for an AML/CTF review?
Keep the service-scope decision, customer and beneficial-owner evidence, risk assessment, screening and escalation decisions, approvals, reporting records, training and current program governance evidence.
Does Cassandra AML replace legal or regulatory advice?
No. Cassandra AML organises compliance work and evidence. It does not give legal advice, guarantee compliance or imply AUSTRAC endorsement.
Connect accounting engagements to ownership and risk evidence.
Open an accounting-specific workspace for entity, transaction and client-money services, with partner approvals retained beside the engagement.