Accounting compliance risks and penalties

Accounting Firms Face Millions in AML/CTF Penalties

AML/CTF breaches can lead to penalties, notices, and reputational damage. Learn the cost of non-compliance and how VERA helps reduce risk....
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Accountants Must Now Verify Client Identity for AML/CTF

Accountants Must Now Verify Client Identity for AML/CTF

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Accountants Must Report Suspicious Matters Within 24 Hours

Accountants Must Report Suspicious Matters Within 24 Hours

Suspicious Matter Reports are a core AML/CTF duty. Learn what triggers an SMR, reporting deadlines, and how verification supports detection. Visit the page....
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ALL BLOGS

Top AML/CTF Compliance Software for Accounting Firms-Compare the best AML/CTF compliance software options for Australian accounting firms in 2026, including VERA, FrankieOne, global IDV platforms, and manual verification.

Top AML/CTF Compliance Software for Australian Accounting Firms

Compare the best AML/CTF compliance software for Australian accounting firms — VERA, FrankieOne, global IDV & manual. Find the right...
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verification-of-identity-voi-aml-ctf-accountants

(VOI) Verification of Identity in AML/CTF: What Accountants Need to Know?

Learn VOI standards for AML/CTF client verification and see how VERA helps accounting firms automate checks at scale. Click now!...
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Customer Due Diligence for Accounting Firm in 2026, Explained

Customer Due Diligence for Accounting Firm in 2026, Explained

Customer Due Diligence is key for accounting firms. Learn CDD, ID checks, beneficial ownership and how VERA automates it all....
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Our Most Popular
Automation Modules

Client Verification AUTOMATOR  

VERA

Client Verification AUTOMATOR  

Compliance ready client onboarding fully automated with AI onboarding for accounting firms.

  • Compliance-ready before 1 July 2026
  • VOI checks (Face-ID + document verification)
  • AML/CTF screening & risk scoring
  • Collects all client data automatically
  • Sends secure onboarding requests
  • Fully compliant with TPB PN 5/2022
  • Your firm stays compliant — without the manual work
Workpaper bot

DEX

WORKPAPERS AUTOMATOR  

Your year end workpapers, prepared automatically using AI financial reporting tools and cloud automation.

  • Downloads ATO reports instantly
  • Prepares GST reconciliations
  • Builds BAS workpapers end-to-end
  • Creates ready to review workpapers
  • Reduces 1–3 hours per job
  • Consistent output, zero manual effort
ATO DOCUMENTS AUTOMATOR  

TAZ

ATO DOCUMENTS AUTOMATOR  

Every ATO notice, auto downloaded and organized with bank reconciliation bot integration for seamless workflow.

  • Automatically downloads ATO notices & statements
  • Organises documents into your workflow tools
  • Identifies discrepancies & flags issues


Syncs seamlessly with:

  • FYI Docs
  • XPM , MYOB , QuickBooks
  • No more manual downloads or lost notices
ASIC REVIEW AUTOMATOR   

ASHER

ASIC REVIEW AUTOMATOR   

Automated ASIC annual reviews no chasing, no stress, leveraging accounting automation cloud technology.

  • Automates ASIC Annual Reviews
  • Tracks company changes & deadlines
  • Prepares review packages automatically
  • Generates invoices & reminders
  • Eliminates follow-ups and manual checks
  • Keeps your firm compliant without effort
Let's Build the Future of Your Firm  

Book a discovery call and see how NeX Automate streamlines operations through proven accounting automation, AI onboarding for accounting firms, and payroll automation tools.

Book Free Discovery Call

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