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An engagement letter defines the legal relationship (or engagement) between a professional firm (e.g., law, investment banking, consulting, advisory or accountancy firm) and its client(s). This letter states the terms and conditions of the engagement, principally addressing the scope of the engagement and the terms of compensation for the firm.
This applies to the CPA if they don’t perform what they stated in the engagement letter and the client suffers damages. Professional negligence: Negligence may be viewed as “failure to exercise due professional care". [2]
SSAE 18 identifies two primary roles during the formation of an attestation engagement: [18] Practitioner, a person who practices public accounting, who performs the engagement; and; Engaging party, the entity that engages the practitioner to perform an attestation.
[[Category:Accounting templates]] to the <includeonly> section at the bottom of that page. Otherwise, add <noinclude>[[Category:Accounting templates]]</noinclude> to the end of the template code, making sure it starts on the same line as the code's last character.
Generally Accepted Accounting Principles (GAAP) [a] is the accounting standard adopted by the U.S. Securities and Exchange Commission (SEC) ...
April 16, 2010 Dear Friend: We’re writing with a very unusual request — that you pledge not to give any campaign contributions to any candidate for Congress until they have
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