Finance Tax and Audit Package

FINANCE TAX AND AUDIT PACKAGE

Client Name:    Tax Year(s):

Engagement & Contact Information

Contact Person:    Phone:    Email:

Document Preparation Date:

Scope of Services

The preparer will perform the services selected below in accordance with professional standards applicable to the engagement. The client acknowledges that the preparer will not audit or verify information supplied by the client unless an audit engagement is separately agreed in writing.

  Prepare federal income tax return(s)      Prepare state and local returns

  Conduct financial statement audit (subject to separate engagement letter)      Review of financial statements      Compilation of financial statements

Client Representations and Required Documents

The client represents that all information provided is true, accurate, and complete to the best of the client's knowledge. The client agrees to provide the preparer with access to all books, records, corroborating documentation and other information necessary for the performance of the engagement.

Fees, Billing and Payment Terms

Client agrees to pay fees for services performed in accordance with the schedule below. Fees are based on time and complexity, and may be adjusted for additional work outside the original scope. All fees are due upon presentation of invoice unless other arrangements are set forth below.

Subtotal: $    Tax: $    Other Charges: $

Total Due: $

Payment Methods Accepted:   Check      Electronic Transfer      Credit/Debit Card

Late Payment Policy: Invoices unpaid after 30 days are subject to a late fee of and interest at the maximum rate permitted by law.

Audit-Specific Provisions

If an audit engagement is undertaken, the preparer will conduct the audit in accordance with generally accepted auditing standards. The audit will include procedures to obtain audit evidence about the amounts and disclosures in the financial statements, an evaluation of accounting policies and significant estimates, and an assessment of the overall financial statement presentation. The preparer will not determine the acceptability of the client's accounting policies or internal controls beyond the extent necessary to issue an opinion.

Representations, Reliance and Limits on Use

The client will provide written representation letters when requested. The preparer may rely upon the accuracy and completeness of information furnished by the client or third parties and will not audit such information except as required by an agreed-upon audit engagement. The deliverables produced by the preparer are intended solely for the use of the client and may not be disclosed to third parties without prior written consent, except as required by law.

Confidentiality, Records Retention, and Workpapers

The preparer will maintain confidentiality of client information as required by professional standards. The preparer may retain copies of workpapers and supporting documentation for its records. Such workpapers remain the preparer's property, but the preparer will provide copies of final deliverables to the client upon request.

Limitation of Liability and Indemnity

To the fullest extent permitted by law, the preparer's liability for any claim arising from this engagement shall be limited to the fees paid for the services giving rise to the claim. The client agrees to indemnify and hold the preparer harmless from any loss, liability, or expense (including reasonable legal fees) arising from reliance upon client-provided information or from claims by third parties resulting from inaccurate or incomplete information furnished by the client.

Dispute Resolution and Governing Law

Any dispute arising out of or relating to this engagement shall be resolved by binding arbitration or litigation as agreed below. Governing law: . Parties may seek injunctive relief in a court of competent jurisdiction where necessary to prevent irreparable harm.

Attachments, Notes and Special Instructions

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