Australia’s AML/CTF Reform Key Dates
From 1 July 2026, accounting firms providing designated services are regulated reporting entities under Australia’s AML/CTF regime. That is not a compliance “project”. It is an operating standard with real obligations, real scrutiny, and real consequences.
As a partner, you are carrying three non-negotiables whether you like it or not:
- Your firm must be operational (not just documented).
- Your people must be trained (and you must be able to prove it).
- Your decisions must be defensible (especially when a client pushes back).
Most firms will produce a document and call it a program.
AUSTRAC will not be assessing your intentions. It will assess your controls and your evidence.
This program exists to give you both: an operational AML/CTF system your firm can actually run, and an evidence trail you can stand behind.
Built for partners: protect the firm
without turning it into a bureaucracy
If you are thinking any of the following, you are exactly who this is for:
- “We do structures, SMSFs and advisory, we are exposed, but I don’t want to strangle the firm with admin.”
- “My team avoids asking long-standing clients for identity documents. They’ll cave.”
- “Partners will override the process the first time a good fee walks in.”
- “We are worried about tipping off, and nobody is confident about what to say.”
- “We want training evidence and certification for staff, not a tick-the-box webinar.”
This program is designed for real-world practice conditions: urgency, scope creep, imperfect clients, and commercial pressure.
A Fully Integrated Delivery:
Best Practice Group and Nagaris
This is not training in isolation. It is training + implementation + integration delivered as one system:
- Best Practice Group: Partner accountability, best-practice operating standards, practical workflows, quality assurance
- Nagaris: Implementation support so the workflow and evidence trail are embedded where your firm actually works
The objective is simple: close the gap between “we trained people” and “we operate the standard”.
Trusted by Accountants and Firm Partners
I can highly recommend Best Practice to any accounting firm looking to introduce essential new technology to their practice!
John is a brilliant operator! For several years, I’ve witnessed firsthand the profound impact he has had on both his clients’ businesses and the people who own them.
I can highly recommend Best Practice to any accounting firm looking to introduce essential new technology to their practice, improve work life balance, ease of ownership, profitability, sustainable growth, and to develop a clear, successful exit strategy for the future.
Brendan
Highly Recommended for Accounting & Bookkeeping Firms Seeking Scalable Growth and Strategic Clarity!
If you're an accounting or bookkeeping firm looking to elevate your practice, I highly recommend the training program offered by Best Practice Group. What sets this program apart is its dual focus on both the individual and the business as a whole, ensuring personal growth while systemising every aspect of operations.
Their approach is comprehensive and strategic. From systemising processes and procedures to productising services across the entire business cycle, Best Practice Group helps firms build efficient, scalable models.
The BookSitters Australia
I would thoroughly recommend accounting firm principals to John Peterson and the Best Practice Team to help take their business to a new level of productivity and performance.
The Best Practice program has delivered a transformational pathway for CHN Partners as a firm, as well as individually for each of our staff members.
My own personal journey towards greater self-belief and understanding of key success factors for an accounting business is already returning multiple positives, uplifting the whole team and paying dividends.
Andrew M.
Payment option A
Two payments
- 50% upfront to secure your firm’s place
- 50% payable before the Part Two course date
Payment option B
Pay in full upfront
- 100% upfront (one invoice, one payment)
Non-BP Member Pricing
| Per Firm Rate | Per Head Rate |
|---|---|
| $330 incl. GST | $275 incl. GST |
Sample Pricing
| 1 Attendee | $605 incl. GST |
| 2 Attendees | $880 incl. GST |
| 3 Attendees | $1,155 incl. GST |
| 4 Attendees | $1,430 incl. GST |
| 5 Attendees | $1,705 incl. GST |
| 6 Attendees | $1,980 incl. GST |
| 7 Attendees | $2,255 incl. GST |
| 8 Attendees | $2,530 incl. GST |
| 9 Attendees | $2,805 incl. GST |
| 10 Attendees | $3,080 incl. GST |
| 11 Attendees | $3,355 incl. GST |
| 12 Attendees | $3,630 incl. GST |
| 13 Attendees | $3,905 incl. GST |
| 14 Attendees | $4,180 incl. GST |
| 15 Attendees | $4,455 incl. GST |
| 16 Attendees | $4,730 incl. GST |
| 17 Attendees | $5,005 incl. GST |
| 18 Attendees | $5,280 incl. GST |
| 19 Attendees | $5,555 incl. GST |
| 20 Attendees | $5,830 incl. GST |
| 21 Attendees | $6,105 incl. GST |
| 22 Attendees | $6,380 incl. GST |
| 23 Attendees | $6,655 incl. GST |
| 24 Attendees | $6,930 incl. GST |
| 25 Attendees | $7,205 incl. GST |
| 26 Attendees | $7,480 incl. GST |
| 27 Attendees | $7,755 incl. GST |
| 28 Attendees | $8,030 incl. GST |
| 29 Attendees | $8,305 incl. GST |
| 30 Attendees | $8,580 incl. GST |
| 31 Attendees | $8,855 incl. GST |
| 32 Attendees | $9,130 incl. GST |
| 33 Attendees | $9,405 incl. GST |
| 34 Attendees | $9,680 incl. GST |
| 35 Attendees | $9,955 incl. GST |
| 36 Attendees | $10,230 incl. GST |
| 37 Attendees | $10,505 incl. GST |
| 38 Attendees | $10,780 incl. GST |
| 39 Attendees | $11,055 incl. GST |
| 40 Attendees | $11,330 incl. GST |
| 41 Attendees | $11,605 incl. GST |
| 42 Attendees | $11,880 incl. GST |
| 43 Attendees | $12,155 incl. GST |
| 44 Attendees | $12,430 incl. GST |
| 45 Attendees | $12,705 incl. GST |
| 46 Attendees | $12,980 incl. GST |
| 47 Attendees | $13,255 incl. GST |
| 48 Attendees | $13,530 incl. GST |
| 49 Attendees | $13,805 incl. GST |
| 50 Attendees | $14,080 incl. GST |
Meet Your Speakers
Robert Coorey is a business leader and marketing expert with a proven history of scaling businesses. As the owner of Proactive Business Services, he combines entrepreneurial drive with financial expertise to support Australian businesses. Rob is an associate member of CPA Australia.
Expertise: He specialises in business advisory, financial management, tax planning, and technology integration. His background in marketing, technology, and sales enables him to deliver innovative, practical solutions for high-growth companies.
Experience & Education: Robert holds a Bachelor of Computer Science (scholarship recipient) and an MBA. He co-founded Archistar, a multi-million-dollar software company, and founded Nagaris, an Accounting CRM platform. Additionally, he authored Feed a Starving Crowd and The Subscription Playbook. His entrepreneurial experience complements his CPA membership and dedication to accounting excellence.
Alf Magnano is a Director at CP Partners and a trusted adviser to public accounting firms and business leaders navigating increased regulatory and operational complexity. With extensive experience across professional services and small-to-medium enterprises, Alf is known for translating complex obligations into clear priorities, practical workflows, and evidence-ready implementation.
In the context of AML/CTF Tranche 2 (Stage 2), Alf brings a partner-level lens to what matters most: scope clarity (designated services), KYC/CDD discipline, beneficial ownership (UBO) in trust and layered structures, monitoring triggers, escalation pathways, tipping off risk controls, and the training evidence AUSTRAC expects to see. His approach is grounded and outcome-focused, helping firms build a compliance operating system that is workable in day-to-day practice, defensible under scrutiny, and supported by clear accountability.
In this masterclass, Alf will share the practical insights accounting firm owners and partners need to be operational by 1 July 2026, cutting through noise and focusing on what AUSTRAC expects in practice, and how to implement it without creating unnecessary bureaucracy.
Best Practice and John Peterson have been amazing with many of the transformative measures and programs we have invested in as a firm. We have many things to improve and reducing some of the inefficiencies that plague accounting practice.
Brett C.
