Historically there have been many a client in this sector being serviced by accountants who have not really had a sound understanding of the various regulations within the Travel Industry.
We are approved reporting accountants and have passed the relevant ATOL tests and are approved by the ICAEW to provide reporting accounting services to ATOL registered clients, in accordance with the Civil Aviation Authority’s Reporting Accountants Scheme.
In addition to the ATOL reporting requirements, we also assist clients in managing their systems and processes to ensure compliance with ATOL reporting and in also ensuring the quarterly returns for the ATOL Protection Contribution (APC) are accurately calculated.
We do not offer a complex software solution, we have simply adapted a number of spreadsheets using the paper based solutions already used by our clients. We recognise that a lot of established travel agents do not always have the mindset to operate such a system and we tailor the solution to fit their needs.