ATOL Reporting Accountants Scheme

In order to produce ATOL reporting in future, accountants will need to be designated ATOL Reporting Accountants (ARA).

The Air Travel Organiser’s License (ATOL) Reporting Accountants scheme has been set up in partnership between the Civil Aviation Authority (CAA) and the professional accountancy bodies in order to ensure that there is competent ATOL reporting. In order to produce ATOL reporting in future, accountants will need to be designated ATOL Reporting Accountants (ARA).

The scheme has been designed to ensure that designated accountants have sufficient knowledge about both the industry involved and the specific requirements of ATOL to provide the required level of assurance sought by the CAA.

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Expert Assistance to Navigate ATOL Reporting

Lawrence Grant has many years of experience working closely with the travel industry and has built solid connections and a vast pool of experience in this area. Our firm can help to navigate the robust financial compliance regulations that have been put in place by the CAA and ensure that this new system causes minimal disruption for you and your business.

Our expert assistance in this area is being extended to any business that is ATOL accredited and our ATOL team has undertaken the necessary training to be able to offer the help that you need.

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Frequently Asked Questions

Which Professional Accountancy Bodies are Included in the ARA Scheme?

The professional accountancy bodies who have signed the agreement with the CAA are allowed to designate their members to become ARAs. The seven bodies who have signed up to the scheme are the Association of Accounting Technicians, Association of Certified Chartered Accountants, Association of International Accountants, Institute of Chartered Accountants in England and Wales, Institute of Chartered Accountants in Ireland, Institute of Chartered Accountants in Scotland, and the Institute of Financial Accountants.

Does an ARA Need to Perform the Audit of the Financial Statements?

It is not necessarily the case that the person auditing your financial statements will be an ARA but they may well be the same person. An ATOL holder can continue with their current arrangements for auditing their financial statements.

How does an ATOL Holder Know if an Accountant is an ARA?

There is a register held centrally by the CAA and updated regularly which will verify which accountants are designated ARAs, in accordance with the scheme. The up-to-date list can be found on the CAA website.

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Get in Touch for ATOL Reporting Assistance

If you would like to discuss the new requirements from the Civil Aviation Authority in more detail with one of our experts, please take the time to get in touch and we will be happy to do what we can to help. We are available via email at or by telephone at +44 (0)20 8861 7575. We are keen to help you move forward on the front foot, so don’t hesitate to contact us.

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