How many times have CPAs made similar statements about their own engagement letters? How can CPAs address these all-too-common (and often valid) complaints? Let the standard terms and conditions come ...

Investopedia / Joules Garcia An engagement letter is a written agreement that describes the business relationship to be entered into by a client and a company. The letter details the scope of the ...

The accountant is required to obtain an engagement letter signed by both the accountant and the client’s management. The standard can be applied to financial statements with or without disclosures.

The engagement letter will provide for very broad indemnification of the banker. For the most part, such indemnification provisions are industry standard (and often sacrosanct for the investment ...

If only the attorney had prepared a standard engagement letter, it would have been clear who exactly their client was. And so on. Thus, simple, healthy risk management habits are crucial.

Under the AICPA s Statements on Standards for Accounting and Review Services No. 19, a formal engagement letter is required. CPAs had previously obtained the letter as a best practice, but under the ...

The investment banker has served up his firm’s “standard engagement letter,” and asked that you sign it so you can partner up and kick off the process. At this point you are conflicted ...

But when lawyers stipulate to arbitration in their engagement letters with their clients, we’ve heard some judges believe that duties of candor and loyalty may be implicated unless proper ...