AML/CTF Compliance Pack – Accounting Practices (Tranche 2)

This AML/CTF Compliance Pack brings together three core documents for Australian accounting practices brought into the regime by the Tranche 2 reforms: a fully drafted AML/CTF Policy, an operational process and forms pack, and a Business Risk Assessment. It is designed to mirror AUSTRAC’s accounting program starter kit and support you through enrolment, program build and day-to-day compliance ahead of the 1 July 2026 commencement.

What’s included in this pack:

• AML/CTF Policy Template for Accounting Practices (Tranche 2) – a fully drafted policy covering governance, the risk-based approach, CDD, reporting, record keeping, training and oversight for accounting practices captured under table 6 of the AML/CTF Act.
• AML/CTF Process Document and Forms Template – Accountants (Tranche 2) – an operational pack of 25 forms across four parts to document AML/CTF role holders, CDD, escalation, effectiveness testing, independent evaluation responses and annual reporting.
• AML/CTF Business Risk Assessment Template – Accounting Practices (Australia) – an editable Excel workbook that works through ML/TF and proliferation financing risks across customers, services, channels and jurisdictions, with pre-populated risk scores, control measures and a jurisdiction risk rating table.

Use this pack if you:

• Provide professional services listed in table 6 of subsection 6(5B) of the AML/CTF Act;
• Must enrol with AUSTRAC within 28 days of starting to provide a captured service;
• Need to build a documented AML/CTF program before 1 July 2026;
• Want policy, risk assessment and forms that already talk to each other;
• Prefer worked examples based on AUSTRAC guidance over completely blank templates.

It is suited to:

• Sole practitioners, partnerships and incorporated accounting practices;
• Tax agent, business advisory and SMSF establishment practices;
• Practices that create or restructure companies, trusts and other legal arrangements;
• Practices that hold client money in a statutory trust account or also act as trust and company service providers;
• AML/CTF Compliance Officers and partners responsible for designing and overseeing the program.

How this pack fits together:

• The Business Risk Assessment identifies and rates your ML/TF and proliferation financing risks across customers, services, channels and jurisdictions.
• The Policy sets out how your practice governs, mitigates and monitors those risks in line with the risk-based approach.
• The process document and forms provide a consistent evidence trail of who did what, when, so you can demonstrate compliance to AUSTRAC, an independent evaluator and your governing body.

If you purchased the policy, process/forms and risk assessment separately, the total would be $2,229 ex GST. This pack is priced at $1,850 ex GST, saving you $379 (around 17%) compared to buying the three templates individually.

You receive an editable Word policy, an editable Word process/forms pack and an editable Excel risk assessment, with bracketed fields such as [Client Name], [Insert date] and officer details clearly marked for completion. The examples and risk factors are drawn from AUSTRAC guidance and Australia’s 2024 national risk assessments but are not exhaustive; you should review and tailor each document to your practice and obtain advice on your own circumstances before adoption.