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Engagement letters

An engagement letter protects the firm by provide a record of the contract between your firm and the client, and minimises the risk of any future misunderstandings between the parties.

Displaying 1-25 of 25 results
Example money laundering clause for engagement letters
  • Database
  • 03 Jun 2024
  • Croner-i
A suggested money laundering clause for inclusion in a letter of engagement, informing clients of the accountant’s responsibilities in this regard.
Exclusive The accountants' guide to robust and up-to-date client engagement letters
  • Article
  • 04 Oct 2023
  • Ignition
Engagement letters, often perceived as a mere regulatory formality, are vital in setting out the relationship between firms and their clients. Whilst many firms initiate these letters at the outset of a relationship, they tend to revisit them only during significant internal or external changes.
Probate News, Issue 22
  • Newsletter
  • 28 Jun 2023
  • Profgessional Standards Department
In this issue, access our updated engagement letter helpsheet, see what's changed in the Legal Services Regulations, respond to our consultation on proposed probate fees for 2024 and read our review of the Mercia training course.
Update to Part 2 Q, probate engagement letters
  • Link
  • 25 May 2023
Firms authorised or licensed to carry out probate services must make their clients aware of the compensation arrangements and complaints process. In the case of the ‘complaints’ procedure, this should be applied for both legal and non-legal services. The Technical Advisory Services (TAS) team has updated Part 2 Q of the engagement letters helpsheet to reflect changes to the Legal Ombudsman scheme rules, effective from 1 April 2023. Only sections 3, 3.1.3, 3.1.6 and 3.1.9 have been updated. Note that the helpsheet package as a whole has not had a full review on this occasion.
Firm responsibilities for revised CPD | Engagement Letters | Get more out of tech
  • Newsletter
  • 27 Jun 2023
  • ICAEW
In this issue, we look at firm responsibilities for the revised CPD guidance; updates to the Engagement Letters helpsheet; Changes to ICAEW's disciplinary process; ISQM1; resources and guidance to make technology work for you; and much more.
Exclusive Guidance on preparing letters of engagement and resignation
  • Article
  • 07 Jul 2022
  • ICAEW, Audit and Assurance Faculty
ICAEW's technical advisory service backgrounds recent changes to its guidance resources relating to drafting engagement letters and disengagement statements between auditors and clients for whom they provide their services.
Engagement letter helpsheet fully updated | MTD for ITSA
  • Newsletter
  • 12 Jul 2022
  • ICAEW
Topics covered include: helpsheet for writing engagement letters reviewed and updated; MTD for ITSA FAQs, tracker; Tax FAQs from Markel Tax; Opportunity to feedback on Core Accounting and Tax Service with Bloomsbury; All Too Familiar training film; identifying and managing conflicts of interest.
ICAEW updates guidance on engagement letters
  • Article
  • 13 Apr 2021
  • Peter Bickley
ICAEW’s Technical Advisory Services has updated its support for practitioners on client engagement letters relating to tax services. The Tax Faculty highlight the key changes.
Exclusive Disclaimers and exclusions of liability
  • eBook chapter
  • 08 Apr 2021
  • Simon Salzedo, Tony Singla
A chapter on the ways in which accountants may manage the extent of any potential liability that they might incur to their clients or to third parties. It covers the use of disclaimers in reports, the production of ‘hold harmless’ letters, the incorporation of exclusion or limitation clauses in engagement letters, and more.
Exclusive Important issues with engagement letters
  • Article
  • 31 Jul 2020
  • Karen Eckstein
Solicitor Karen Eckstein analyses common issues with engagement letters and scope of retainer, using a detailed practical example to illustrate her points.
The nine stages of an assurance engagement Assurance engagements can be typically broken up into nine stages. Not all stages will be clearly separated and identifiable in every engagement. Some stages, such as the engagement letter, may not be required during internal assurance, while others, such as the problem-solving phase, may not be necessary in some external engagements.
Managing risk: a guide for accountants and tax advisers
  • Library book
  • 01 Jan 2019
  • K.Eckstein
Aimed at smaller and mid-sized firms, this book highlights areas of danger and advises how firms can develop processes to reduce the risks. Practical advice is given on such topics as engagement letters, liability caps, invoicing, office systems, and managing planned and unplanned staff absence.
Tools for business Find out about the tools that can help you in your career as an independent adviser or consultant.
Engagement letters
  • Listing
  • 24 Jul 2024
  • Practice Department
An engagement letter protects the firm by provide a record of the contract between your firm and the client, and minimises the risk of any future misunderstandings between the parties.
Developing client relationships Information on the best ways to develop relationships with your clients.
Agreeing terms of engagement
  • Helpsheets and support
  • 01 Apr 2018
  • Audit and Assurance Faculty
Guidance on how to agree terms of engagement when drawing up an assurance engagement letter. In particular, the differences in approach when the responsible party is the client and when the users are the client.
Engagement letter
  • Helpsheets and support
  • 01 Apr 2018
  • Audit and Assurance Faculty
When an assurance engagement has been scoped out and both parties are ready to go ahead, an engagement letter is drawn up.
Into the witness box: Get your expert witness engagement letters and reports into shape
  • Hub page
  • 31 Jan 2023
  • ICAEW Library and Information Service
Information on resources available from the ICAEW Library, including a model form of expert's report, model form of expert witness CV, model terms of engagement for the employment of experts and books on the role of the expert witness.
Engagement letters
  • Hub page
  • 18 Mar 2021
  • ICAEW Library and Information Service
Engagement letters are a key document in the relationship between you and your client, providing a written confirmation of the work that will be carried out. The Library can provide sample wording for a wide variety of engagement letters.
Engagement letters and privacy notices
  • Helpsheets and support
  • 18 May 2022
  • Technical Advisory Services
ICAEW has developed guidance for practice firms on what to include in engagement letters. This page provides a series of sample wordings to help you draft your own engagement letters.
Forensic accounting (Global edition)
  • Library book
  • 01 Jan 2015
  • R.J.Rufus
A comprehensive guide to what forensic accountants actually do and how they do it. Appendix 3A contains a sample engagement letter.
Client disengagement
  • Listing
  • 30 Jan 2020
  • Practice Department
Disengaging from clients, including preparing disengagement letters.
Client engagement
  • Hub page
  • 17 Jun 2014
Best practice in drawing up an engagement letter.
Exclusive What if you have not issued an engagement letter?
  • Helpsheets and support
  • 01 Jan 2020
  • Technical Advisory Services
Technical helpsheet providing guidance for members in practice who choose not to issue engagement letters for non-regulated work.
Exclusive Disengagement letters
  • Helpsheets and support
  • 29 Nov 2021
  • Technical Advisory Services
This helpsheet provides advice and sample structure and content to help members develop effective, comprehensive disengagement letters.
Displaying 1-25 of 25 results