Accountants who perform bookkeeping services have asked when the standard applies to those engagements. The CPEA provides some considerations for accountants who face this issue. Many CPEA members ...

While firms may be reluctant to send multiple-page engagement letters to clients (the sample AICPA letter for individual clients is eight pages, with an additional eight-page addendum of terms and ...

Specify, specify, specify. Roy Frick, an EA at Fairway Services Limited and Frick Accountants Ltd. in Ocean City, Md., said a good engagement letter specifies what services you’re providing this ...

Signed by, an engagement letter clarifies the responsibilities of all parties involved and provides scope for the relationship going forward. Date published August 7, 2023 Company Practice Ignition ...

The audit engagement letter does not actually change the professional responsibilities of the auditor or the cooperation needed by the client. However, it does explicitly state these expectations ...