Last month’s Professional Liability Spotlight column focused on frequently asked risk management questions related to topics other than engagement letters (see “Professional Liability Spotlight: ...

Why should CPAs use engagement letters? The reasons are many and varied. Professional standards require an engagement letter for attest services. Standards for other services require the CPA to ...

Working with a money professional requires much more than simply turning over your records to a financial advisor with a Midas touch. Rather, the relationship between a financial advisor and you, the ...

Engagement letters are basically an upfront contract between accountants and their clients. They make the scope of the agreement more transparent, so that the client has an understanding of exactly ...

Financial Planners Standards Council today launched a new resource to help CFP professionals develop engagement letters that comply with Practice Standard 100 of the new CFP Financial Planning ...

An engagement letter is a contract, presented in the friendlier, easier-to-understand form of a letter. It is a tool often used by provider's of professional services, such as lawyers and CPAs, to ...

The guide, Compilation and Review Engagements, is aimed at CPAs at smaller firms that perform financial audits to help them comply with the AICPA s new engagement letter requirement. During the ...

WASHINGTON, Nov. 12, 2020 /PRNewswire/ -- Certified Financial Planner Board of Standards, Inc. (CFP Board) announced today that it has made available two sample engagement letters to its more than ...

Faced with the stringent demands of a more robust regulatory environment, insurance advisors say that having clients sign letters of engagement is becoming an integral part in running their businesses ...