Unanticipated Services. We do not anticipate encountering the need to perform additional services beyond those described in this letter. Below are listings of services considered to be outside the scope of our engagement. If any such service needs to be completed before the audit can proceed in an efficient manner, we will determine whether we can provide the service and maintain our independence. If appropriate, we will notify you and provide a fair and reasonable price for providing the service. We will bill you for the service at periodic dates after the additional service has been performed. Bookkeeping services Bookkeeping services are not audit services. Bookkeeping services include the following activities: • Preparation of a trial balance • Account reconciliations • Bank statement reconciliations • Capital asset accounting (e.g., calculating depreciation, identify capital assets for additions and deletions) • Calculating accruals • Analyzing transactions for proper recording February 7, 2022 State of Mississippi Institutions of Higher Learning Page 12 • Converting cash basis accounting records to accrual basis • Preparation of financial statements and the related notes to the financial statements • Processing immaterial adjustments through the financial statements • Adjusting the financial statements for new activities and new disclosures Additional work resulting from unanticipated changes in your organization or accounting records If your organization undergoes significant changes in key personnel, accounting systems, and/or internal control, we are required to update our audit documentation and audit plan. The following are examples of situations that will require additional audit work: • Revising documentation of your internal control for changes resulting from your implementation of new information systems • Deterioration in the quality of the entity’s accounting records during the current-year engagement in comparison to the prior-year engagement • Significant new accounting issues • Significant changes in your volume of business • Mergers, acquisitions, or other business combinations • New or unusual transactions • Changes in audit scope or requirements resulting from changes in your activities • Erroneous or incomplete accounting records • Evidence of material weaknesses or significant deficiencies in internal control • Substantial increases in the number or significance of problem loans • Regulatory examination matters • Implementation or adoption of new or exist...
Unanticipated Services. If an unanticipated need arises, Xxxxx Chartered Accountant Professional Corporation agrees to perform this additional work at a mutually agreed upon price before the service is provided. This service will be billed separately to you, as part of a Change Order, and will be payable upon presentation for terms mutually agreed upon in the Change Order. ************************************************************************************* If you have any questions about the contents of this letter, please contact me at 000-000-0000. If the services outlined are in accordance with your requirements and if the above terms are acceptable to you, please sign this letter in the space provided and return it to me prior to my commencement in preparing your form(s) We appreciate the opportunity to be of service to you. Yours very truly, Xxxxx Xxxxx, CPA, CA Madan Chartered Accountant Professional Corporation The services and terms as set out above are as agreed. As well, I acknowledge and accept my responsibilities as outlined above. Client's Name Company Name Signature: Name: Title:
Unanticipated Services. We do not anticipate encountering the need to perform additional services beyond those described in this letter. Below are listings of services considered to be outside the scope of our engagement. If any such service needs to be completed before the audit can proceed in an efficient manner, we will determine whether we can provide the service and maintain our independence. If appropriate, we will notify you and provide a fair and reasonable price for providing the service. We will bill you for the service at periodic dates after the additional service has been performed. Additional work resulting from unanticipated changes in your organization or accounting records If your organization undergoes significant changes in key personnel, accounting systems, and/or internal control, we are required to update our audit documentation and audit plan. The following are examples of situations that will require additional audit work: Revising documentation of your internal control for changes resulting from your implementation of new information systems Deterioration in the quality of the entity’s accounting records during the current-year engagement in comparison to the prior-year engagement
Unanticipated Services. If you choose to forego the audit representation, the parties agree that if an unanticipated need arises (such as, but not limited to, an audit by a taxing agency, or any other service not anticipated in this agreement by the parties), XYZ, CPA’s hereby agrees to perform this additional work at a mutually agreed upon price before the service is provided. This service will be billed separately to ABC Company, as part of a Revised Service Agreement, and will be payable upon presentation. Service Guarantee Our work is guaranteed to the complete satisfaction of the client. If you are not completely satisfied with the services performed by XYZ, CPA’s, we will, at the option of the officers of ABC Company, either refund the price, or accept a portion of said price that reflects your level of satisfaction. To assure that our arrangement remains responsive to your needs, as well as fair to both parties, we may meet throughout 2005 and, if necessary, revise or adjust the scope of the services to be provided and the prices to be charged. Furthermore, it is understood that either party may terminate this agreement at any time, for any reason, within 10 days of written notice to the other party. It is understood that any unpaid services that are outstanding at the date of termination are to be paid in full within 10 days from the date of termination. If you agree that the above adequately sets forth your understanding of our mutual responsibilities, please authorize this agreement and return it to our office within thirty (30) days so that we can properly schedule our staff. A copy is provided for your records. We would like to take this opportunity to express our appreciation for the opportunity to serve you. Very truly yours, By: _____________________________________ Partner, CPA XYZ, CPA’s Agreed to and authorized: ABC Company By: _______________________________ Dated: ___________________ Mr. ABC By: _______________________________ Dated: ___________________
Unanticipated Services. If an unanticipated need, or any service not anticipated in the agreement arises, XxXxxx CPA, LLC xxxxxx agrees to inform and obtain consent prior to performing additional work, which will be billed based on actual hours expended and at our standard hourly rates. Service Guarantee Our work is guaranteed to your complete satisfaction. If you are not completely satisfied with our services, we will correct the work or offer alternative compensation up to a full refund of the amount paid for work. Furthermore, it is understood that either party may terminate this agreement at any time, for any reason, within 10 days of written notice to the other party. It is understood that any unpaid services that are outstanding at the date of termination are to be paid in full. XxXxxx CPA, LLC Responsibilities In accordance with federal law, in no case will we disclose your tax return information to any location outside the United States, to another tax return preparer outside of our firm for purposes of a second opinion, or to any other third party for any purpose other than to prepare your return, without first receiving your consent. The IRS permits you to authorize us to discuss, on a limited basis, aspects of your return for one year after the return’s due date. Your consent to such a discussion is evidenced by checking a box on the return. Unless you tell us otherwise, we will check that box authorizing the IRS to discuss your return with us. It is our policy to keep records related to this engagement for seven years. However, we do not keep any of your original records, so we will return those to you upon the completion of the engagement. When records are returned to you, it is your responsibility to retain and protect the records for possible future use, including potential examination by governmental or regulatory agencies. Customer Responsibilities You are responsible to provide any requested information in an orderly manner as early as possible. After a preliminary review of your situation, a retainer may be requested based on the estimated number of hours necessary to complete the project. The retainer is due within 10 days of presentation. Past due balances may be subject to finance charges. If we are not paid within 30 days of the billing date, we reserve the right to cease all work and/or terminate our services. In that event, we shall be entitled to any retainer or fee balance as a minimum fee. In the event you fail to communicate with this office when requ...
Unanticipated Services. While your FPA entitles you to all the services described above, if you have an issue that requires work that is not covered in your FPA, we will let you know before proceeding. If a Change Order is necessary, we will mutually agree to any changes in your services. Service and Price Guarantee Our work is guaranteed to the complete satisfaction of Client. If you are not completely pleased with the services performed by Fox & Company CPAs, Inc., we will, at your option, either refund the price or accept a portion of the price that reflects your level of satisfaction. Upon final payment of the terms in your FPA, we will assume you have been satisfied. Should you not believe that at least full value has been received for price paid under this Agreement, you have the option (within 10 days of the end of the FPA period) to call a meeting to discuss value received under this contract. At that point, our firm guarantees a refund of the amount of value that you believe you have not received.
