Red Flags in Financial Statements: Spotting Money Laundering Risks in the USA
Money laundering remains one of the most persistent compliance challenges facing financial institutions, accounting professionals and regulated businesses across the United States. […]
Client Due Diligence for Accounting Firms: Best Practices under USA AML
Learn essential AML compliance for US accounting firms: Form 8300 requirements, risk-based due diligence frameworks, red flags, and practical procedures to protect your practice from regulatory scrutiny.
Legal Consequences for Accountants Failing AML Compliance in the US
You’re a diligent accountant running a thriving practice. Your clients trust you with their financial lives. Then one day, you discover you’ve […]
Turn Proposals into Revenue with FigsFlow’s Adfin Integration
If you’ve ever sent a proposal to a client, watched them approve it, and then waited days or even weeks for payment, […]
Adverse Media Screening: Complete Guide to Negative News Risk Management & Compliance
TD Bank paid $3 billion in 2024 to settle AML-related charges. A key factor was poor adverse media monitoring. The bank missed warning […]
The Critical Role of Bookkeepers in Anti-Money Laundering (AML) Compliance.
Bookkeepers in Anti-Money Laundering (AML) Compliance play a critical role in ensuring financial institutions and organizations adhere to regulatory requirements established under […]
How Accountants Can Identify and Report Suspicious Activity
Accountants occupying roles within covered financial institutions face obligations to identify and report suspicious financial activity, including Suspicious Activity Reporting, to the […]
Your Service Documentation Writes Itself: Introducing FigsFlow AI
FigsFlow AI quickly generates professional service documentation, saving you time on writing so you can focus on delivering value.
Complete Guide to US AML Compliance Obligations
Accounting firms in the US face complex AML obligations under the Bank Secrecy Act, but whether full compliance requirements apply depends critically on the specific services provided.
AML Compliance Obligations for US Accounting Firms: What You Must Know
Form 8300, beneficial ownership, red flag identification: US accounting firms navigate complex AML obligations. This guide breaks down your actual requirements.
FigsFlow is an Accountancy Firm’s Best Friend for Engagement Letters
The traditional methods of drafting and managing engagement letters are time-consuming and prone to errors. That's where, FigsFlow comes into play- a revolutionary engagement letter software.
What Is an Engagement Letter, Why Is It Important & How Does It Work?
Starting a new client relationship can feel tricky. You want to impress them, deliver great service and get paid on time.
