Advice for those affected by the CAA’s delay in introducing the ATOL reporting scheme.
ACCA is still awaiting details of the expected Memorandum of Understanding from the Civil Aviation Authority (CAA), despite pushing CAA for this over recent months. As a result, future reporting requirements – which you would have expected to be in place by now – are far from clear. The related portal has also been delayed.
As an interim measure we will shortly highlight to members that CAA is introducing a stop gap measure. It will establish a contact email for training for the ATOL Reporting Accountants Scheme, coming into effect on 1 October 2015. Accountants can use this to contact the CAA in order to apply to undertake their training. You will have to submit the following information:
Professional accountancy body
Member registration number
ACCA will update our engagement letters and will be considering whether guidance is required over and above that in CAA Guidance Note 10 and will assess whether additional member CPD is required.
We will also send additional information to any members who indicate they are involved in this area. To register for this please email your details to us, putting ‘CAA/ATOL register’ in the subject line.