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2022 4.2 Satisfied (51 Votes)
2021 4.8 Satisfied (51 Votes)
2020 4.8 Satisfied (30 Votes)
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2019 4.7 Satisfied (51 Votes)
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This engagement is based upon the full and active cooperation of [Company Name] in performing our work. We would be grateful if you would confirm in writing your agreement on the terms of our engagement as described above. We remain at your disposal to provide you with any further information that you may require.
An audit engagement letter is a written agreement that outlines the scope of your work as an auditor, what the client is responsible for, how long the audit is estimated to take, and details about your fee, among other things. It is a binding contractual agreement between you and each of your clients.
An engagement letter is a formal, written agreement that clearly defines the professional relationship between an accountant and their client. It outlines the scope of work, terms of payment, duration of engagement, and other relevant details.
Engagement letters help prevent miscommunication and disputes down the road by clearly defining the relationships terms from the onset. For accounting firms, engagement letters arent just a best practice. Theyre an absolute necessity to protect both the firm and its clients.
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