Financial Statement Preparation Engagement Letter Sample

Are you in need of a Financial Statement Preparation Engagement Letter Sample? Look no further! Below, you will find examples of engagement letters that you can use and modify as needed to suit your specific requirements.

Understanding the Importance of Financial Statement Preparation Engagement Letter Sample

When engaging in financial statement preparation services, it is crucial to have a clear and concise engagement letter in place. This letter outlines the scope of work, responsibilities of both parties, timeline, fees, and other important details. By having a well-drafted engagement letter, you can avoid misunderstandings, manage expectations, and protect your interests.

Clarifies the scope of work
Sets expectations for both parties
Defines the timeline for completion
Addresses fees and payment terms
Establishes the responsibilities of each party

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Example of Financial Statement Preparation Engagement Letter Sample

Dear [Recipient’s Name],

We are pleased to confirm our agreement to provide financial statement preparation services for [Client Name]. This engagement will include the following:

1. Review of the client’s financial records for the fiscal year ending [Date].

2. Preparation of the financial statements in accordance with generally accepted accounting principles.

3. Presentation of the draft financial statements for review and approval by the client.

4. Finalization of the financial statements and submission to the client.

Our fees for this engagement will be [Fee Amount] and will be due upon completion of the services. Payment terms are [Payment Terms].

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If you have any questions or require further information, please do not hesitate to contact us. We look forward to working with you on this engagement.

Sincerely,

[Your Name]
[Your Title]
[Company Name]