×
Publications
The Engagement Letter: Best Practices and Examples
This Practice Aid provides guidance on developing engagement letters in accordance with applicable AICPA Professional Standards, supplemented with best practice recommendations to ensure the engagement letter is as effective as possible in clearly documenting the terms of the engagement. Illustrative examples are provided throughout all chapters so practitioners can easily apply the requirements and recommendations for auditing, compilation, review, and certain attestation engagements.

If you are purchasing a product in one of the following formats, please check the system requirements below:

Online Professional Library
The AICPA Online Professional Library will operate in a variety of configurations, but only the configuration described below is supported by our technicians:

  • Windows 7+ (Latest Microsoft Edge, Internet Explorer, Firefox or Chrome)

eBooks

Minimum system requirements are:

  • Internet access
  • Adobe ID
  • Adobe® Digital Editions (ADE) is a free program that lets you read eBooks on a PC, Mac, and any supported smartphone or tablet. You MUST download and login to ADE in order to view an AICPA eBook. AICPA eBooks are best viewed when using ADE 3 for PC and ADE 4 for Mac.
  • For mobile access to eBooks, download the free Bluefire Reader app for Apple (iOS) and Android phones and tablets.

IMPORTANT:

  • eBooks are intended for a single user only.
  • An eBook is a downloadable file that will be accessible immediately after completing your purchase. Access to the download link expires 180 days from the purchase date so you must download the file before this time elapses.
  • This product is refundable within 10 days of your purchase date.

Read the AICPA eBook Tutorial and see our FAQ for more information.

PDF

  • Adobe® Acrobat® Reader 8 or higher
Product details

The Engagement Letter: Best Practices and Examples tool provides guidance on developing engagement letters in accordance with applicable AICPA Professional Standards. Offered in a convenient and efficient online format, subscribers to this tool can download the sample engagement letters for easy mark up and customization. With the added automation, practitioners will save hours of planning time and minimize the risk of overreliance on the prior year's engagement letter.

The AICPA anticipates making updates to this tool to incorporate future changes in AICPA Professional Standards and best practice recommendations, as necessary. Illustrative engagement letters for Service Organizations engagements are now available.

Supplemented with best practice recommendations, this engagement letter tool helps your firm be as efficient and effective as possible in clearly documenting the terms of the engagement. With the more explicit requirements applicable to engagement letters established by the new clarified auditing standards, this tool is an essential resource for auditors making the transition to the new auditing standards. Illustrative examples are provided throughout so practitioners can easily apply the requirements and recommendations for auditing, compilation, review, and certain attestation engagements.

To provide you with the most useful and comprehensive look at effective engagement letter techniques and methods, The Engagement Letter: Best Practices and Examples provides clear, expert guidance within each chapter that clearly differentiates required content of engagement letters from optional content used to further enhance the effectiveness of the engagement letter in documenting the understanding with the client. Following the narrative guidance, there are exhibits with sample engagement letters illustrating the practical application of the guidance contained herein.

Developed by subject matter experts, The Engagement Letter: Best Practices and Examples is brought to you by the organization you trust to deliver the tools you need.

Table of contents
Publisher

American Institute of CPAs

The American Institute of CPAs (AICPA) is the world’s largest member association representing the CPA profession, with more than 418,000 members in 143 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting.

The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination, and offers specialized credentials for qualified professionals who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. With The Chartered Institute of Management Accountants (CIMA), it offers the Chartered Global Management Accountant (CGMA) designation, which sets the global benchmark for quality and recognition in management accounting.

The AICPA and CIMA also make up the Association of International Certified Professional Accountants (the Association), which represents public and management accounting globally, advocating on behalf the public interest and advancing the quality, competency and employability of CPAs, CGMAs and other accounting and finance professionals worldwide.

The AICPA maintains offices in New York, Washington, DC, Durham, NC, and Ewing, NJ.

Price:
$109.00
Member Quantity:
Nonmember Quantity:
Quantity:
Estimated total:
$109.00
Add to cart
Back to Top