Accountants compliance guide
Compliance PackTranche 2 — obligations from 2026

Accountant Pack

Built for accounting firms preparing for Tranche 2 — client CDD, designated services tracking, and AML program templates for 2026 AUSTRAC obligations.

Setup time

< 20 minutes

Customer capacity

Unlimited clients and engagements

AUSTRAC alignment

AML/CTF Act 2006 compliant

What's included in the Accountant Pack

Client Due Diligence

  • Individual client KYC — identity and address verification
  • Corporate client KYB — ASIC verification and UBO mapping
  • Trust and SMSF client due diligence
  • PEP screening for all clients and beneficial owners
  • Source of funds for asset or fund management engagements
  • Ongoing periodic re-verification

Designated Services Monitoring

  • Company formation and management service flags
  • Trust establishment and management monitoring
  • Tax advisory for complex structures — enhanced review
  • Asset management and investment advisory monitoring
  • SMSF setup and management screening

AML/CTF Program Templates

  • Accounting Firm AML/CTF Risk Assessment (Tranche 2)
  • Designated Services Register for your service lines
  • Client Identification and Verification Procedures
  • Engagement Acceptance Due Diligence Policy
  • AUSTRAC Enrolment Checklist
  • Staff Training Module

AUSTRAC Report Templates

  • SMR — suspicious matter reports
  • TTR — threshold cash transaction reports

AUSTRAC Report Templates Included

SMRTTR

Accounting firms must lodge SMR reports within 3 business days of forming a suspicion in connection with a designated service. Client confidentiality does not override your SMR obligation — the AML/CTF Act carve-out takes precedence.

AML/CTF Program Components

1

Tranche 2 Risk Assessment

2

Designated Services Register

3

Client Identification Procedures

4

Engagement Acceptance Policy

5

AUSTRAC Enrolment Checklist

6

CDD Records Register

Risk Areas This Pack Addresses

Tax evasion facilitation through offshore structuring and opaque ownership arrangements

Shell company administration enabling clients to conceal assets and beneficial ownership

Nominee director and shareholder arrangements used to distance individuals from entities

Client fund management creating exposure to layering through accounting trust accounts

How VeriGo Automates Your Obligations

Client onboarding with identity verification and risk-based CDD for accounting designated services

Beneficial ownership mapping for complex corporate structures and multi-layered trusts

Ongoing periodic review scheduler to keep client CDD current and risk ratings reviewed

SMR case management and preparation tools for MLRO review before AUSTRAC lodgement

AML/CTF program template for accounting firms with designated service identification and training log

Getting Started in 5 Steps

1

Select "Accounting Firm Pack" on account creation

2

Identify your designated service lines

3

Configure client risk tiers

4

Run CDD on existing client base (bulk import tool included)

5

Complete AML/CTF Program and AUSTRAC enrolment

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Accountant Pack

7-day free trial — no credit card

Start your free trial and the Accountant Pack is configured automatically on day one. No consultants, no setup fees, no surprises.

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Want a guided walkthrough?

Book a 30-minute demo with our compliance team. We'll walk through exactly how the Accountant Pack works for your business and answer any AUSTRAC-specific questions.

  • Live platform demonstration
  • Your specific compliance questions answered
  • Pack configuration walkthrough
  • Pricing and implementation timeline
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