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An accounting retainer agreement is made between clients and contracted accountants that charge an upfront fee, also called a retainer. In this video, well go over accounting contractors as well as retainers respective to accounting. Accounting Contract Services accountants that work on a retainer help an individual or a business with financial reporting, tax planning, financial forecasting, audits, and much more. Accountants are often brought on at times when businesses are at a crossroads and must make important financial decisions. They create new reports and dissect former financial records, scanning for areas that need improvements for the purpose of boosting profits. Overviewing Retainer Agreements Some contract accountants, especially those that are in high demand, choose to charge a retainer, which requires the payee to provide an upfront charge. The payment is similar to charging a deposit and essentially reserves the accountant for a minimum number of hours. The most common
