There are times when problems can arise in practitioner-client relationships. By setting out terms of engagement, which clearly state the exact terms of agreement, you can avoid legal disputes later.
ACCA in partnership with VS Consultancy has produced engagement letter templates which can form the basis of a contract between practitioner and client for a variety of different scenarios. These are available for ACCA members to purchase for £30 + VAT.
This time-saving tool consists of self-loading Microsoft Word engagement letter files, which you can then tailor to your needs. The product consists of standard letters of engagement for a series of different business types and services.
It also offers guidance on the following:
What an engagement letter should cover to clarify the scope of your services
How to confirm the agreement with the client.
Writing a framework for how the work will be performed
Establishing an appropriate working relationship
How the engagement letter should address fee arrangements.
This product will run on systems using Windows XP and subsequent versions.