ACAMS
CAMS · Question #784
Which services provided by an accounting firm could be considered as higher risk from a financial crime perspective? (Choose three.)
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Risks and Methods of Money Laundering and Terrorist Financing
Question
Which services provided by an accounting firm could be considered as higher risk from a financial crime perspective? (Choose three.)
Options
- AForming a trust on behalf of a customer with a complex setup and acting as a nominee director
- BAuditing a firm that provides payroll software to large corporate customers
- CPreparing financial statements for a listed or a privately owned firm
- DProviding tax advice to an international customer hoping to move their assets out of their home
- EAssisting an offshore corporation from a jurisdiction with no available beneficial owner information
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Topics
#accounting firm risk#TCSP#beneficial ownership#tax advice risk