Data Security · CDD Best Practice
How Should Accountants Store Client ID for AML? The Overlooked Risk No One Is Talking About
Most AML platforms encourage you to upload client passports and licences to their servers. This guide explains why that's a risk worth questioning — and how SimpleAML keeps your CDD records local and under your control.
Tranche 2 · Scope & Obligations
Are Accountants Actually In Scope Under AUSTRAC Tranche 2?
Not sure if your firm is in scope? This plain-English guide maps the nine designated services in Table 6 to real accounting work — so you can determine whether Tranche 2 applies to you before doing anything else.
AUSTRAC · Registration
Do I Need to Register with AUSTRAC? A Guide for Australian Accountants
If your firm provides any of the nine designated accounting services, you must enrol. This guide tells you exactly who needs to enrol, when, and what happens if you don't.
AML/CTF Program
What is an AML/CTF Program and How Do I Write One?
Every firm providing designated services needs an AML/CTF program in place before 1 July 2026. This guide explains what it must contain and how to use AUSTRAC's free Accounting Starter Kit to build yours.
Deadlines · Timeline
AML/CTF Tranche 2 Deadlines: What Accountants Need to Do and When
A complete timeline of every deadline — from enrolment opening 31 March 2026, to obligations commencing 1 July, to the final enrolment deadline of 29 July 2026. Includes a pre-July checklist.
Customer Due Diligence · CDD
What is Customer Due Diligence and How Does It Apply to Accountants?
CDD is the most day-to-day compliance obligation. This guide explains initial CDD, ongoing CDD, enhanced CDD for high-risk clients, and the transitional rules for your existing client base.
Penalties · Enforcement
AML/CTF Penalties for Accountants — What Happens If You Don't Comply?
Civil fines up to $31.3M per breach. Daily penalties of $18,780. Criminal liability. Reputational damage. This guide sets out the real consequences of non-compliance — and what triggers enforcement action.
Risk Assessment · How-to
How to Complete Your AML/CTF Firm Risk Assessment
A step-by-step guide to completing your firm-level ML/TF/PF risk assessment before 1 July 2026. Covers designated services, client types, geographic exposure, risk appetite statement, and free template.
AML/CTF Program · How-to
How to Create an AML/CTF Program for Your Accounting Practice
Everything you need to build your AML/CTF program from scratch — Part A, Part B, what each section must cover, senior manager approval, and five free templates ready to customise.
Comparison · Tools
AML/CTF Software for Australian Accountants — An Honest Comparison
SimpleAML vs easyAML vs TrustEasy vs First AML vs the AUSTRAC Starter Kit. Pricing, features, pros and cons — and an honest take on what suits a sole practitioner versus a larger firm.
AUSTRAC Enrolment · How-to
How to Enrol with AUSTRAC — Complete Your Program First
Enrolment opened 31 March 2026 — but before you go to AUSTRAC Online, your program must be ready. This guide covers all three phases: complete your AML/CTF program, enrol with AUSTRAC, then save your Compliance Report as proof.
Identity Verification · Tools
AML Identity Verification Tools for Accountants — Honest Comparison
NameScan, VerifiMe, StackGo, BGLiD and OneClickVerify reviewed. What each covers, what it costs, and which combination suits a sole practitioner or small firm.