As AML/CTF Tranche 2 reforms move closer to implementation, accounting professionals will soon face new compliance obligations that reshape how client services, risk management, and governance are delivered. This immersive 5-hour workshop series is designed specifically for accountants and public practice firms seeking a clear, practical and actionable pathway to AML/CTF readiness.

Across the workshop, you’ll gain a comprehensive understanding of what Tranche 2 entails, how it applies to accounting services, and the concrete steps required to design, implement, and maintain a compliant AML/CTF Program.

What You’ll Learn

Introduction to AML/CTF Tranche 2: What You Need to Know & What You Need to Do 
Get clarity on the scope of the reforms, who is captured, key terminology, reporting expectations, and the core components of an AML/CTF Program tailored for accountants. 

Establishing an Effective Governance Framework 
Learn how to structure AML/CTF oversight within your firm—including roles, responsibilities, reporting lines, and accountability mechanisms. 

Identifying & Assessing Risk 
Develop an AML/CTF risk assessment aligned with your practice’s client base, services, delivery methods, and geographic exposure. Understand how to document, score, and justify risk decisions. 

Mitigating & Managing Risks: Policies and Procedures 
Translate your risk assessment into practical controls. Build AML/CTF policies, workflows, and internal processes designed for accounting practice environments. 

Customer Due Diligence (CDD) & Personal Due Diligence 
Explore the steps for identifying and verifying clients, applying enhanced due diligence where needed, and performing due diligence on staff and key personnel. 

Reviewing & Updating Your AML/CTF Program 
Learn how to keep your AML/CTF program current and defensible through periodic reviews, monitoring, and version control. 

Record Keeping Requirements 
Understand what records must be kept, in what form, and for how long—including CDD records, reporting evidence, and governance documentation. 

Reporting to AUSTRAC 
Gain practical insight into reporting obligations, including suspicious matter reports, threshold reports, and how to identify reportable matters in an accounting context.