From 1 April 2016 only ATOL Reporting Accountants can deal with ATOL work.
Tiffin Green Limited is a registered practice for ATOL reporting purposes. Lee Elsworth, one of our directors, is the ATOL licensed practitioner, which means he is responsible for the ATOL return work and can sign an Annual Accounts Report.
The scheme is designed to ensure that designated accountants of participating bodies, such as the ICAEW, equip their members with appropriate knowledge about both the industry and specific requirements of ATOL, in order to provide the required assurance needed by the Civil Aviation Authority (CAA).
Lee Elsworth commented, “For travel companies, or accountants already working with ATOL holders but not licensed to carry out ATOL reporting work themselves, please get in touch we can provide the assurance needed by the CAA.”
The ATOL Reporting Accountants' scheme, known as ARA, has been developed by the CAA with the objective of improving the standard of ATOL reporting. Also, its aim is to provide assurance that financial information which is submitted on behalf of ATOL holders is accurate.
ATOL Reporting Accountant