Fill and Sign the Letter Accounting Client Form

Engagement Letter between Accounting Firm and Client for Audit Services ____________________________ (Date of letter) ____________________________ (Name of Client) ____________________________ ____________________________ (Address of Client) Dear ________________________________ (Name of Client) : This Agreement is intended to describe the nature and scope of our services. As agreed, we will audit the statement of financial position of _______________________________ (Name of Client) , as of __________________________ (date) , and the related statements of activities and cash flows for the year then ending in accordance with generally accepted auditing standards. The financial records and financial statements are the responsibility of the management of ______________________________ (Name of Client) . Our responsibility is to express an opinion on the financial statements based on our audit. At the conclusion of our audit, we will submit to you a report containing our opinion as to whether the financial statements, taken as a whole, are fairly presented based on generally accepted accounting principles. If during the course of our work it appears for any reason that we will not be in a position to render an unqualified opinion on the financial statements, or that our report will require an explanatory paragraph, we will discuss this with you. We will design our audit to provide reasonable assurance of detecting errors or irregularities that would have a material effect on the financial statements. Should any such errors or irregularities come to our attention, we will report them to you. Our work will be based primarily upon selected tests of evidence supporting the amounts and disclosures in the financial statements and, therefore, will not include a detailed check of your transactions for the period. Accordingly, an audit performed in accordance with generally accepted auditing standards is not a guarantee of the accuracy of the financial statements, and there is a risk that material errors or fraud may exist and not be detected by us. However, we will inform you of any material errors or fraud that come to our attention. If you plan any reproduction or publication of our report, or any portion of it, copies of masters' or printers' proofs of the entire document should be submitted to us in sufficient time for our review. As required by generally accepted auditing standards, we will request certain written representations from management at the close of our audit to confirm oral representations given to us and to indicate and document the continuing appropriateness of such representations and reduce the possibility of misunderstanding concerning matters that are the subject of the representations. Generally accepted auditing standards require that we contact ____________________ ________________________ (name of previous) accounting firm) to review their working papers and discuss their audit of prior years' financial statements. For this purpose it will be necessary that you authorize in writing ____________________________________ (name of previous) accounting firm) to communicate with us for that purpose (if necessary). We plan to perform as many phases of our audit work as is practicable, prior to the close of your fiscal year. This is done to keep the work after year-end at a minimum and to ensure that our reports are submitted to you as soon as possible after the close of the fiscal year. Our objective will be the issuance of our report to you no later than _________________ (date) . As a result, you agree that all records, documentation, and information we request in connection with our audit will be made available to us, that all material information will be disclosed to us, and that we will have full cooperation of your personnel. We also ask that your personnel, to the extent possible, prepare various schedules and analyses for our staff. This assistance by your personnel will serve to facilitate the progress of our work and minimize costs to you. Our charges to you for the audit described above are not expected to exceed $_______________, plus out-of-pocket expenses. Should we encounter any unforeseen problems which will warrant additional time or expense, you will be notified of the situation and, if possible, the added cost. Our charges for other services will be agreed to separately. Bills will be rendered on a monthly basis with payment due upon presentation. Any dispute pursuant this Agreement shall be required to be resolved by binding arbitration of the parties hereto. If the parties cannot agree on an arbitrator, each party shall select one arbitrator and both arbitrators shall then select a third. The third arbitrator so selected shall arbitrate said dispute. The arbitration shall be governed by the rules of the American Arbitration Association then in force and effect. We believe the foregoing correctly sets forth our understanding, but if you have any questions, please let us know. If you find the arrangements acceptable, please acknowledge your agreement to the understanding by signing and returning to us the copy enclosed. 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)