Accounting Engagement Letter (Free Sample)
Use this sample accounting engagement letter as a template for your formal letter.
Sample Accounting Engagement Letter
Name of Sender
Name of Accounting Business
Address of Accounting Business
City, State, Zip Code
Name of Contact Person
Name of Company or Service
Address of Company or Service
City, State, Zip Code
RE: Accounting engagement
Dear Name of Contact Person:
This letter is to confirm the terms and objectives of my engagement as an accountant from Name of Company including the limitations of the services I will provide to Name of Company.
I will provide the following services:
• With the information provided by your company, I will compile the balance sheet, income, retained earnings and cash flow of Name of Company for the specified year.
I will also prepare the federal and state income tax for that year. I will update my previous compilation report for the prior year financial statements.
I will do this in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants.
• I will not review or audit these statements and will not express an opinion or give any other form of assurance on them. The services will be completed one month after the end of the fiscal year DATE.
• If I am unable to complete the compilation of your Company’s financial statements, I will not issue a compilation report on such statements.
It is not part of my engagement to disclose errors or irregularities or any illegal acts including defalcations or fraud that may exist. However, if I see any obvious material errors, I will report them to the management.
My fee will depend on the number of hours my staff needs to fulfil the above requirements. As we discussed earlier, the fee may not exceed $$$. If there is some reason why my staff needs more time to complete the above tasks, I will discuss it with you first.
I am happy to offer my financial services and to work with your company. I will provide the above mentioned services to the best of my ability. If you have any questions, I can be reached at Phone Number or Email Address.
If this letter complies with your understanding of my engagement, please sign the included copy of this letter and return it to me.
Signature of Sender
Printed Name of Sender
List of Enclosures: Copy of the letter
Signature and Date of Client
By Andre Bradley