Fill and Sign the Engagement Letter Form

Engagement Letter for Review of Financial Statements by Accounting Firm To: ____________________________ (E.g. name of President) ____________________________ ( Name of Corporation) ____________________________ (Address of Corporation) This letter is to confirm our understanding of the terms and objectives of our engagement and the nature and limitations of the services we will provide. We will perform the following services: A. We will review the financial statements of _______________________________ ( Name of Corporation) as of _______________________ (date) and issue an accountant's report thereon in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants. The objective of a review engagement is to express limited assurance that there are no material modifications that should be made to the financial statements in order for the statements to be in accordance with generally accepted accounting principles. B. A review differs significantly from an audit of financial statements, in which the auditor provides reasonable assurance that the financial statements, taken as a whole, are free of material misstatement. A review does not contemplate obtaining an understanding of the entity’s internal control; assessing fraud risk; tests of accounting records by obtaining sufficient appropriate audit evidence through inspection, observation, confirmation, or the examination of source documents (for example, cancelled checks or bank images); and other procedures ordinarily performed in an audit. Accordingly, a review does not provide assurance that we will become aware of all significant matters that would be disclosed in an audit. Therefore, a review provides only limited assurance that there are no material modifications that should be made to the financial statements in order for the statements to be in conformity with generally accepted accounting principles. C. Our engagement cannot be relied upon to disclose errors, fraud, or illegal acts that may exist. However, we will inform the appropriate level of management of any material errors, and of any evidence or information that comes to our attention during the performance of our review procedures, that fraud may have occurred. In addition, we will report to you any evidence or information that comes to our attention during the performance of our review procedures regarding illegal acts that may have occurred, unless they are clearly inconsequential. D. As part of our engagement, we will also (list any non-attest services to be provided, if applicable, such as income tax preparation and bookkeeping services) ____________________________________________________________________________ ____________________________________________________________________________ ____________________________________________________________________________. You are responsible for: 1, Making all management decisions and performing all management functions; 2. Designating an individual who possesses suitable skill, knowledge, and/or experience, preferably within senior management, to oversee the services; 3. Evaluating the adequacy and results of the services performed; 4. Accepting responsibility for the results of the services; and 5. Establishing and maintaining internal controls, including monitoring ongoing activities. As part of our review procedures, we will require certain written representations from management about the financial statements and matters related thereto. If, for any reason, we are unable to complete our review of your financial statements, we will not issue a report on such statements as a result of this engagement. Our fees for these services will be as follows: (describe) ________________________ ____________________________________________________________________________. We will be pleased to discuss this letter with you at any time. If the foregoing is in accordance with your understanding, please sign the copy of this letter in the space provided and return it to us. Sincerely yours, _______________________________ (Name of Accounting Firm) By: _________________________ ____________________________ (P rinted name & Office in PLLC) ____________________________ (Signature of Officer) Understood and Agreed: ____________________________ (Name of Client) By: ______________________________ _________________________________ (P rinted name & Office in Corporation) ___________________________ (Signature of Officer)