Business CPA Letter

Business CPA Letter

This Business CPA Letter (the Agreement) is made between:

CPA Firm:    Address:

Client Name:    Client Address:

Recitals

WHEREAS, the CPA Firm is duly licensed and qualified to provide accounting, tax, and advisory services to businesses and is engaged to render professional services to the Client under the terms set forth herein; and

WHEREAS, the Client seeks to retain the CPA Firm to perform specified services relating to the Client's business operations, financial reporting, and tax compliance as detailed below; and

WHEREAS, the parties desire to set forth their mutual understanding and agreements regarding the scope, fees, confidentiality, term, and other material terms of the engagement.

Scope of Work

The CPA Firm will provide the following services to the Client. Services include, but are not limited to, the tasks described below. Any services outside of this scope will require a written amendment to this Agreement and may incur additional fees.

Deliverables and Timing

Deliverables will be prepared in accordance with professional standards applicable to certified public accountants. Delivery milestones and expected completion dates are as follows:

Payment Terms

The Client shall pay the CPA Firm for professional services and reimbursable expenses in accordance with the following terms.

Term and Termination

This engagement shall commence on and continue until unless earlier terminated as provided below.

Either party may terminate this Agreement for convenience upon written notice to the other party delivered at least days prior to the effective date of termination. Termination shall not relieve the Client of the obligation to pay for services performed and expenses incurred prior to the effective date of termination.

Confidentiality

Definitions: "Confidential Information" means non-public business, financial, technical, or other proprietary information disclosed by either party in connection with this Agreement, whether disclosed orally, in writing, or by inspection of tangible objects.

Non-Disclosure Obligations: Each party shall (i) hold Confidential Information in strict confidence; (ii) not use Confidential Information for any purpose other than performing its obligations under this Agreement; and (iii) not disclose Confidential Information to any third party except to its employees, agents, or subcontractors who have a need to know and who are bound by confidentiality obligations no less restrictive than those herein.

Exceptions: The foregoing obligations shall not apply to information that is (a) rightfully known to the recipient prior to disclosure; (b) publicly available other than by breach of this Agreement; (c) rightfully obtained from a third party without restriction; or (d) required to be disclosed by law, regulation, or valid legal process, provided the recipient gives prompt written notice so the disclosing party may seek a protective order or other appropriate remedy.

Return of Materials: Upon termination or request, the recipient shall return or destroy Confidential Information and certify in writing that it has done so, except that the CPA Firm may retain copies as required for professional, legal, or regulatory purposes, subject to the confidentiality obligations herein.

Professional Standards; Liability

The CPA Firm will perform services in accordance with applicable professional standards for certified public accountants. The CPA Firm's liability for claims arising out of this engagement shall be limited to direct damages and shall not include punitive, consequential, incidental, or indirect damages. Any claim against the CPA Firm must be commenced within one year from the date the Client becomes aware of the facts giving rise to the claim, or within the limitation period provided by applicable law, whichever is shorter.

Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the State of without regard to its conflicts of law principles.

Entire Agreement; Amendment

This Agreement, together with any exhibits or written engagement letters expressly incorporated herein, constitutes the entire understanding between the parties with respect to the subject matter and supersedes all prior or contemporaneous agreements, representations, and understandings. No amendment or modification shall be effective unless in writing and signed by authorized representatives of both parties.

Acknowledgement and Authorization

The Client authorizes the CPA Firm to undertake the services described in this Agreement and acknowledges that the Client has provided all information necessary for the CPA Firm to perform such services. The Client agrees to cooperate with the CPA Firm, provide timely access to records and personnel, and make decisions as required for completion of the engagement.

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