Air Travel Organisers' Licensing ATOL
From the 1st April 2016, the Civil Aviation Authority (CAA) introduced the ARA Scheme, whereby ATOL holders are required to use an ATOL Reporting Accountant (ARA), in order to improve the quality and standard of accountants’ reports on ATOL holders and to reduce the risk of false or inaccurate financial information being reported.
City, Chartered Accountants are pleased to have been named by the CAA as a licensed practice for ATOL reporting purposes, authorising us to complete ATOL Return work, including an Annual Accountants’ Reports. Through years of experience within the sector we have built a strong understanding of the sector and the regulatory environment, and thus we are able to provide expert assistance through our dedicated, personalised and cost-effective service, enabling your firm to meet the complex financial compliance requirements of the CAA for ATOL accredited travel companies.
If your accountant is not ARA accredited, we can work alongside them to ensure the CAA reporting expectations are met.