Free Accounting Engagement Letter Templates

An accounting engagement letter is a crucial document for accounting firms that enables you to outline the scope of services, fees, and responsibilities between you and your client. It’s not just for formality – it’s a vital document for protecting your firm and ensuring a smooth, successful working relationship between you and your clients.

Why You Need an Engagement Letter Template

• Saves you time and money: Creating an engagement letter from scratch can be time-consuming and expensive. Our free templates are pre-written and customizable, so you can get started quickly and easily.
• Reduces risk: A clear, well-written engagement letter can help avoid misunderstandings and disputes down the line.
• Improves communication: By outlining expectations upfront, you can ensure that both you and your client are on the same page.
• Builds trust: A professional engagement letter shows your clients that you’re serious about your business and their needs.

How Our Engagement Letter Templates Will Help Your Firm

Our free engagement letter templates are designed to be:

• Easy to use: Simply fill in the blanks with your information and customize as needed.
• Comprehensive: Our templates cover all the essential elements of an engagement letter, including the scope of services, fees, payment terms, confidentiality, and termination clauses.
• Professional: Our templates are designed to look polished and professional, making a good impression on your clients.

What You’ll Find in Our Engagement Letter Templates

• 5 Engagement Letter for Accounting Firms:
  • General Accounting Engagement Letter Template
  • Tax Preparation Engagement Letter Template
  • Forensic Accounting Engagement Letter Template
  • Audit Services Accounting Engagement Letter Template
  • Consulting Services Accounting Engagement Letter Template
• Space for your firm’s letterhead or firm’s information: your name, address, contact information
• Client information: Name, address, contact information.
• Scope of services: A clear and concise description of the services you will be providing.
• Responsibilities of the client: What the client is expected to do, such as providing timely information and documentation.
• Fees: Your hourly rate, retainer fee, or other fee structure.
• Terms: Validity and commencement of engagement.
• Termination clause: How the engagement can be terminated by either party.
• Confidentiality: A clause stating that you will keep all client information confidential.
• Governing Law: The laws of the state governing the engagement letter.
• Signature: Signature fields for you and your client.

How to Use the Accounting Engagement letter

With our engagement letter templates, the process of informing your client about a price increase is easy and fast. Simply:

• Download the template in docx
• Or create an account with Financial Cents to access the template

After you’ve gotten your copy of the template, follow these steps to customize it to your firm:

• Copy the engagement letter template type that suits your firm or the accounting services you are offering from the list of templates available in the document.
• Paste into a new word document with your letterhead (if you have).
• Remove the [Your Accounting Firm’s Letterhead or Your Accounting Firm’s Name].
• If you don’t have a letter head, enter your company information in the space for letter head.
• Go through each page and change or insert necessary information like your company name, client name, specific services requested, fee information, etcetera.
• When you’re done, review everything to make sure you didn’t leave anything out.
• Use Financial Cents adobe e-sign feature to send and request for your client’s signature on the engagement letter.
• Alternatively you can send it via email or print it out.