Course Details

AML Compliance is about dedicating the time and resources to;


  • Completing Customer Due Diligence correctly
  • Understanding who your clients are, the business activity that they are involved and ultimately, the risk posed by that client to your Firm
  • Ensuring that all staff have received AML training and that all staff are alert to the transactions which could be money laundering

 

In this session, Elaine Jackson is going to take you through key aspects of;

  • AML Compliance
  • Customer Due Diligence (CDD)
  • Red Flag Indicators
  • Published Case Studies
  • Practical Management Procedures 


By attending this session, you will have satisfied your Annual Requirement for AML Training in CDD and Red Flag Indicators, two of the core elements of your Annual AML Refresher Training.

 

This session will be of most interest to Practice Owners, Accountants, Auditors, Solicitors, Tax Advisers.

 

Course Level: Foundation

CPD Course Speaker

Michael Power Accountants

Elaine Jackson

Elaine has over 15 years Accountancy Practice experience which has provided her with a wealth of knowledge across all industries and sectors. Elaine is an AITI Chartered Tax Advisor, a Certified Public Accountant and holds a Diploma in Corporate Finance. In her previous roles, Elaine was a member of our Practice Support team, Elaine’s focus is on providing firm’s with assistance and training in the following areas; Anti-Money Laundering, Audit Testing and Walk Through Procedures, Audit Planning and Efficiency, OmniPro Audit Working Paper Demos, Preparing for Monitoring Visits and Post Monitoring Visit follow-ups. Elaine has experienced a number of ACA and ACCA monitoring reviews. This experience has provided Elaine with a great understanding and appreciation for the challenges facing Accountants in practice today.