Terms of Engagement 1AU-CSection2Terms of Engagement Source:SASNo. Sample Engagement Letter—General This sample engagement letter provides nonauthoritative guidance to assist with compliance with Statement on Standards in Personal Financial Planning Services (SSPFPS) No. American Institute of CPAs ( AICPA ). Engagement Letters The engagement letters in this appendix are reproduced with permis-sion from the AICPA from Management of an Accounting Practice Hand-book.
The AICPA Personal Financial Planning group offers a sample engagement letter for personal financial planning services to get you started.
And AICPA Tax Section members have access to the Annual Compliance Kit, which includes samples for fourteen tax services, including tax audit representation and consulting. To assist with your engagement s to prepare, compile or review financial statements under SSARS No. AICPA has prepared sample engagement letters for a number of the common situations you may encounter. The new Uniform Guidance requirements have introduced extensive revisions to single audit engagements that affect the entire audit process, from the engagement letter to reporting on the single audit.
