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ATOL Reporting Accountants

ATOL Reporting Accountants’ Scheme

AIA is an approved professional accountancy body under the Civil Aviation Authority (CAA), allowing eligible members to apply for licensing under the ATOL Reporting Accountants’ Scheme.

If you act for ATOL licence holders and submit ATOL Accountants’ Reports to the CAA, you must be registered as an ATOL Reporting Accountant.

What is the ATOL Reporting Accountants’ Scheme?

The scheme was developed by the CAA to improve the standard of ATOL reporting and ensure financial information submitted by ATOL holders is accurate. It ensures designated accountants are knowledgeable about the travel industry and ATOL-specific requirements.

Who can apply?

To be eligible, AIA members must:

Hold a valid AIA practising certificate
Have passed a recognised assurance exam — for AIA members, this is the Developments in Assurance and Accountability paper at Professional Level 2
Complete the CAA’s online ATOL training module —to register, email caa.arascheme@caa.co.uk with your name, professional body and membership number

Registration requirements

To register, your firm must:

Be subject to disciplinary arrangements
Have at least one designated ATOL Reporting Accountant
Hold Professional Indemnity Insurance (PII) that meets the liability cap in Appendix A – Requirements for ATOL Reporting Accountants
Be independent of the ATOL holder
Appoint a contact principal

The designated ATOL Reporting Accountant must also be independent of the ATOL holder.

Ongoing responsibilities

Firms must ensure that all staff involved in ATOL-related work:

Remain competent and up to date
Follow CPD guidelines
Use relevant manuals, checklists and procedures
Maintain firm-wide documentation and training

The designated accountant is responsible for signing off ATOL reports.

Monitoring and discipline

AIA is responsible for:

Granting, rejecting or withdrawing ATOL reporting registration
Imposing restrictions or conditions where necessary
Investigating breaches under AIA’s disciplinary procedures

Firms must submit an annual declaration confirming compliance, alongside AIA’s annual return and practising certificate renewal.

Standards and guidance

Designated ATOL Reporting Accountants must:

Follow the IESBA Code of Ethics
Comply with AIA’s registration rules
Review and apply the guidance in:
- Official Record Series 3
- AAR Part 1 and Part 2 via the CAA portal
- AAR FAQs for ATOL holders
- Guidance Note 10 for ATOL reporting

Firms must also manage:

Policies and procedures
Work programmes
Internal reviews
Training and fit-and-proper declarations

Unsuccessful applications

If your application is rejected and you believe this was in error, you can contact AIA to discuss your case.

📧 Email: compliance@aiaworldwide.com

Downloads

ATOL Application

ATOL Guidance

ATOL Reporting Accountants