CPA Engagement Letter

CPA ENGAGEMENT LETTER

Date:

Parties

Engagement and Scope

This engagement letter confirms the terms under which will provide professional accounting and tax services to the Client. The services to be provided are limited to those expressly described below and to those subsequently agreed in writing.

Services to be provided (check all applicable):

Tax return preparation (individual/corporate/partnership)

Bookkeeping and accounting support

Compilation of financial statements

Review of financial statements

Audit services (subject to separate engagement letter and additional terms)

Payroll services and payroll tax filings

Advisory or consulting services

Client Responsibilities

The Client is responsible for providing complete and accurate records, documentation and information necessary for the CPA to perform the engagement. The Client certifies that all information provided to the CPA will be true, complete, and correct to the best of the Client's knowledge, and will retain originals of records and supporting documentation. The Client authorizes the CPA to obtain additional information from third parties when necessary to complete the engagement.

Fees, Billing and Payment

Fees for services are based on the complexity of the work, time required, and professional rates in effect at the time services are rendered. The CPA will provide an estimate when requested; estimates are not guarantees. The Client will be billed for professional time at the rates below, for any out-of-pocket expenses, and for applicable taxes or assessments.

Late payments are subject to a finance charge of the lesser of 1.5% per month or the maximum rate permitted by applicable law, together with collection costs and attorney's fees incurred to collect unpaid amounts.

Expenses

The Client will reimburse the CPA for reasonable out-of-pocket expenses incurred in connection with the engagement, including but not limited to travel, courier and delivery charges, third-party report fees, filing fees, and data processing costs.

Deliverables and Timing

Confidentiality and Use of Information

The CPA will maintain the confidentiality of Client information in accordance with professional standards and applicable law. The CPA may disclose confidential information to the extent required by law, professional obligations, or with the Client's written consent. The Client consents to the CPA's limited use of non-identifying aggregate information for internal quality control and benchmarking purposes.

Records and Retention

The Client is responsible for maintaining adequate documentation and original records supporting information supplied to the CPA. The CPA may retain copies of Client documents and work papers for the CPA's records in accordance with professional practice standards.

Limitation of Liability and Indemnification

The CPA's liability for any claim arising from the performance of services under this engagement will be limited to direct damages not to exceed the total fees paid by the Client to the CPA under this engagement, except to the extent prohibited by law. The Client agrees to indemnify and hold harmless the CPA from liabilities, losses, claims, or expenses arising from information supplied by the Client or third-party reliance on Client-prepared information, except to the extent caused by the CPA's gross negligence or willful misconduct.

Professional Standards and Reliance

The CPA will perform services in accordance with applicable professional standards. Any findings, opinions or conclusions expressed by the CPA are based on information provided by the Client and other parties and may be relied upon by the Client for the Client's internal purposes only, unless other reliance is explicitly agreed in writing.

Termination

Either party may terminate this engagement upon written notice. The Client will be responsible for payment of all fees and expenses incurred through the date of termination and for reasonable costs associated with orderly transition of work in process.

Dispute Resolution and Governing Law

Any dispute arising from or relating to this engagement will be resolved first by good faith negotiation. If unresolved, disputes shall be submitted to non-binding mediation, and if still unresolved, to binding arbitration before a single arbitrator in accordance with the rules of the chosen arbitration forum. The parties agree the engagement will be governed by the laws of the following jurisdiction:

Acknowledgment and Acceptance

Please indicate your acceptance of the terms of this engagement by signing and dating below. This letter, together with any appendices or schedules referenced herein, constitutes the entire agreement between the parties concerning the subject matter of the engagement and supersedes all prior discussions and agreements.

Certification: By signing above, the signing party acknowledges and certifies that they are authorized to enter into this engagement on behalf of the party identified, that they have read and understood these terms, and that they agree to be bound by the terms and conditions set forth herein.

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