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The manner in which
we offer professional services is governed both by English law and by the
professional requirements of the Association of Chartered Certified Accountants.
As with all other professional services, a letter of engagement is
entered into ,whereby we set out in writing what service we are going to offer
you and on what basis. A sample letter
of engagement is attached.
The letter of
engagement will set out the services we have agreed to offer, (and will
possibly set out explicitly those services which we are not offering), the basis upon which we offer those
services, and the conditions which you the client have agreed to observe.
It will also set out
the remedies you may have if we fail in any way to honour our commitments, and
it will set out clearly the basis upon which our fees are to be paid. It will
also make clear what remedies we may have if you fail to honour your side of
the agreement.
Prospective clients are invited to read
the sample
letter of engagement. We can then discuss the specific requirements at the
first consultation.
It should be
remembered that the standard letter is only indicative and no formal contract
will exist between us until a specific letter of engagement has been agreed.
If a prospective
client is a limited company, then we will normally ask the directors to sign a personal guarantee to cover
our fees if the company should be unable to pay our fees.
Peter Brown & Co is a trading name of Undershot Ltd,
registered in England , no 4114468. Director :- P.Brown FCCA, FCIE,DchA,BSc.The registered office is Acomb
Grange, Grange Lane, York, YO23 3QZ.
Last modified 10/02/09