AML Training for Accounting Firms in Australia
Tranche 2 commences 1 July 2026, bringing accounting firms and trust and company service providers into the AML/CTF regime for the first time. AUSTRAC expects regulated practices to train personnel with AML/CTF duties. Alpha AML Training provides self-paced online courses built specifically for Australian accounting firms – practical, sector-specific, and accessible.
Train Your Staff. Stay Ahead of AML Tranche 2.
Staff training is an essential part of Tranche 2 readiness. Alpha AML Training provides practical, self-paced online courses for Australian accounting firms designed to build staff awareness of AML/CTF obligations and support a business’s broader AML/CTF Program and compliance framework.
Who should do this training?
- Accountants and advisors
- Support and administrative staff
- Staff with AML/CTF compliance responsibilities
- The AML/CTF Compliance Officer
- Partners, principals and governance roles
Hear From Australian Accounting Professionals Who've Completed Our Courses
Chloe
Accountant
“Informative and easy to understand. It was helpful, thanks for the insights!”
April 4, 2026
Carol
Director
“Great AML course. Very easy to follow with great examples and lots of links to further information.”
April 15, 2026
Steve
CEO
“Easy to follow course, not too long & focuses on key issues.”
April 18, 2026
Katharine
Group Executive Manager
“Informative and easy to read – lots of good links.”
April 26, 2026
Alex
Executive Assistant
“Best AML course I’ve ever done – I liked the use of videos and links to further resources. The explanations are easy to digest.”
April 8, 2026
AML Content Tailored for the Accounting Sector
Our AML/CTF training for accounting firms is designed to be digestible and easy-to-follow. Modules are broken down by AML/CTF topic to support role-based training. The content is designed to help staff understand AML/CTF obligations and recognise ML/TF/PF risks that are relevant to accounting, advisory and trust and company service providers.
Modules are developed with reference to Australia’s Anti-Money Laundering and Counter-Terrorism Financing Act 2006, the AML/CTF Rules and AUSTRAC guidance. Module topics in the Australian accounting library include:
- Module 1: Introduction to AML
- Module 2: Red Flags and Reporting Obligations
- Module 3: Customer Due Diligence (CDD)
- Module 4: AML Governance and AML/CTF Programs
Tranche 2 AML for Accounting Firms
Staff training is one piece of a wider AML/CTF program. Accounting practices also need to work out if they are regulated, enrol with AUSTRAC and develop and maintain an AML/CTF program. Here’s how the broader picture lines up for accounting firms.
Check whether your practice is regulated, and enrol with AUSTRAC
From 1 July 2026, a practice becomes a reporting entity if it provides a ‘designated service’ with a geographical link to Australia. Designated services are set out in section 6 of the AML/CTF Act. Most of those relevant to accountants sit in Table 6 – Professional Services – covering activities such as acting as a trustee, acting as a nominee director or shareholder, forming companies and trusts, and managing client money or assets. AUSTRAC’s check if you’ll be regulated tool is the recommended starting point.
If a practice is in scope, it must apply for enrolment on AUSTRAC’s Reporting Entities Roll within 28 days of starting to provide a designated service. AUSTRAC’s new enrolment forms went live on AUSTRAC Online on 31 March 2026. For a walkthrough of in-scope services and the enrolment process, see are you in scope? and enrol with AUSTRAC in our 2026 Tranche 2 guide.
Develop and maintain your AML/CTF program
Reporting entities need to appoint an AML/CTF Compliance Officer and develop and maintain an AML/CTF program built around two components – an ML/TF Risk Assessment and AML/CTF Policies – that are appropriate to the nature, size and complexity of the practice. Staff training sits inside the policies component of that program.
AUSTRAC expects the program to be kept up to date as the practice, its clients or its risk environment change. For more on what an AML/CTF program needs to cover, see develop and maintain your AML/CTF program in our 2026 Tranche 2 guide.
Red flags for accountants
- A client who avoids face-to-face meetings
- A client who appears nervous or defensive when questioned
- A client who appears to be following the instructions of third parties
- A client is reluctant to prove their identity or complete KYC processes
- A client who has an unusual level of knowledge about AML/CTF requirements
- A client subject to negative media reports
- A client with a lifestyle or transactions inconsistent with what you know about their business
- A client has high value assets with no clear funding source
- A client makes unusual requests with no clear economic reason
- A client has complicated ownership structures with no real or economic reason
Training that’s simple to rollout
Everything you need to manage training, in one place
Alpha AML Training is designed to make training easy to implement across your office. With our easy-to-use platform, you can enroll staff, track progress and maintain training records without complex systems or manual follow-ups.
- Easy team setup and staff enrollment
- Centralised training register
- Automated email reminders
- Learner certificates
- 12-months access included
- Options for LMS delivery available
Everything you need to manage training, in one place
Alpha AML Training is designed to make training easy to implement across busy teams. With our easy-to-use dashboard, you can enroll staff, track training progress and store training records, all without complex systems or manual follow-ups.
- Easy team setup and staff enrollment
- Centralised training register
- Automated email reminders
- Learner certificates
- 12-months access included
- Options for LMS delivery available
Train Staff Ahead of Tranche 2 on 1 July 2026
New AML/CTF obligations commence 1 July 2026, start planning and preparing for compliance now.
Get started today or contact us to discuss AML training for your practice.
Small team? Sign up instantly
Access our Introduction to Tranche 2 AML course now with a flexible, seat-based annual subscription.
The information on this page is general in nature and is not legal, regulatory or professional advice. AML/CTF obligations under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth) depend on your specific circumstances and the designated services you provide.
