Surgent's Engagement Letters: Scope and Risk Management

Overview

Strong engagement letters protect your firm. They spell out what work you will (and won’t) do, who is responsible for what, and how problems will be handled. Weak or vague letters may expose firms to potential liability.

In this course, you’ll learn how to draft, update, and enforce engagement letters that actually work in the real world. We pull from industry guidance, malpractice insurer data, and peer-review findings to show you the clauses that matter, how to prevent “scope creep” (work expanding beyond what was agreed), and how to not compromise your independence.

Highlights

• Essential clauses made simple
• Keeping independence intact
• Change orders that prevent fights
• Stopping scope creep early
• What insurers and peer reviewers are seeing now

Prerequisites

None

Designed For

CPAs in public practice, finance professionals, firm leaders, and managers responsible for client engagement agreements and risk management

Objectives

• Understand the necessity for quality engagement letters that help protect your practice
• Recognize effective content in engagement letters

Preparation

None

Notice

This course is offered by a 3rd party vendor and will not be accessible in the My CPE Tracker section of the ISCPA website. Course access information will be emailed directly to you by Surgent Professional Education.