Knowledge category
AML/CTF knowledge for accountants
Apply Tranche 2 obligations to entity formation, restructuring, business transactions, client money and trust or company services.
Explore the accountants compliance workspaceGuides in this category
Start with the foundation guide, then use the focused articles for the service, customer or control in front of you.
AML/CTF guide for accountants
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 accountants
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 AML
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 accountants
A practical guide to receiving, holding, controlling or managing client property, direct advancement, payment boundaries and workflow controls for accountants.
Equity and debt finance AML
How accountants distinguish general advice from work advancing equity or debt finance for a body corporate, proposed body corporate or legal arrangement.
Accountant checklist
A file-ready AML/CTF checklist for accountants: designated services, entity ownership, source of funds, reporting, training and audit-ready records.
Practice risk assessment
How accounting firms structure an AUSTRAC-aligned ML/TF/PF risk assessment: services, customers, channels, geography and the controls that respond.
SMSF AML guide
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 changes
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?
Separate the customer, contact person and authorised representative when an accounting practice receives instructions for a designated service.
A discretionary-trust CDD file
Organise the deed, amendments, trustee authority, beneficiary descriptions and control analysis into a reviewable trust customer file.
Corporate trustees and control maps
Keep company shareholders and directors separate from trust roles when tracing the people relevant to an accounting client's designated service.
Existing client, different service
Review service scope, reusable evidence and the correct customer transition rules when a long-standing tax client requests different work.
Outsourced formation and responsibility
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 handover
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 triage
Import existing accounting contacts without confusing a successful data transfer with a completed service assessment, CDD decision or customer transition review.
Turn guidance into evidence
Use Cassandra AML to record service scope, CDD, ownership, risk, monitoring, reporting and program evidence for your practice.