Docstoc

Accountant Engagement Agreement

Document Sample
Accountant Engagement Agreement Powered By Docstoc
					This is an agreement between an accountant and a client setting forth material terms for
the engagement of the accountant's services. It contains provisions regarding the
payment terms, an agreement to mediate disputes, and the right to terminate the
agreement by either party. This document contains numerous of the standard clauses
commonly used in these types of agreements, as well as optional language to allow for
customization to ensure the specific terms of the parties’ agreement are addressed.
                      ACCOUNTANT ENGAGEMENT AGREEMENT

ACCOUNTANT ENGAGEMENT AGREEMENT (this “Agreement”) is made and entered
into as of _________________ [comment: insert date] by and between
____________________ (“Accountant”) and ___________________ (“Client”).

                                             Recitals

WHEREAS, Accountant is duly licensed by the laws of the State of _______________
[comment: insert state] and engaged in the business of providing independent accounting
services and assistance to clients;

WHEREAS, Client, in order to properly conduct its business operations, wishes to employ
Accountant;

NOW THEREFORE, in consideration of the mutual promises, covenants, warranties, and other
good and valuable consideration as set forth herein, Accountant and Client hereby agree as
follows:
                                              Terms

1. SERVICES

During the length of this contract, Accountant shall perform any and all services in accounting
and tax matters as Client requires in connection with Client's business including the preparation
of accounting statements, tax reports and returns. Accountant will also provide supervisory and
advisory services to Client when requested.

2. PAYMENT TERMS

   A. Rate. Client shall pay Accountant for services at the following rates:
      ___________________________________________ [comment: set forth rate
      schedule].
   B. Payment Due. Accountant shall bill Client on a regular basis for services rendered. Bills
      will be due and payable on the first day of the following month.

3. RELATIONSHIP OF PARTIES

The relationship of the parties is that of independent contractors. Nothing contained in this
Agreement and no action by either party shall be deemed to constitute any party or any of such
party’s employees or agents to be an employee or agent of the other party or shall be deemed to
create any partnership, joint venture, association, syndicate among or between any of the parties,
or shall be deemed to confer on any party any express or implied right, power or authority to
enter into any agreement or commitment, express or implied, or to incur any obligation or
liability on behalf of the other party.

4. TERMINATION


© Copyright 2013 Docstoc Inc.                                                            2
This agreement may be terminated by either party upon fifteen (15) [Instruction: insert any
number] days written notice to the other party. All such notices shall be by certified mail or
delivered personally.

5. MEDIATION

In the event a claim or dispute shall arise between the parties to this Agreement, arising out of or
relating to this Agreement, or the breach thereof, the parties agree to participate in mediation
prior to filing a formal complaint in a court of law. The parties agree to share equally in the
costs of mediation.

6. ATTORNEYS’ FEES AND COSTS

Accountant and Client agree that should any action be instituted by either party against the other
regarding the enforcement of the terms of this Agreement, the prevailing party shall be entitled to
all of its expenses related to such litigation including, but not limited to, reasonable attorneys'
fees and costs, both before and after judgment.

7. MAINTAINING CONFIDENTIAL INFORMATION

Accountant agrees not to disclose any privileged or confidential information acquired while
performing accounting services for Client to any person, or use such information in any manner
that is detrimental to Client’s interests. For purposes of this Agreement, confidential information
shall mean, by way of illustration and not limitation, all information owned, possessed or used by
Client, which is communicated to, learned of, developed or otherwise acquired by Accountant in
the course of his service.

8. MISCELLANEOUS PROVISIONS

   A.      Notices. Notices shall be sent to the following address:

           For Accountant: _____________________
                           _____________________
                           _____________________

           For Client:         _____________________
                               _____________________
                               _____________________

   B.      Entire Agreement. This Agreement constitutes the entire agreement, and supersedes
           any prior understanding or representation of any kind preceding the date of this
           Agreement. There are no other promises, conditions, understandings or other
           agreements, whether oral or written, relating to the subject matter of this Agreement.




© Copyright 2013 Docstoc Inc.                                                              3
   C.        Severability of Agreement. To the extent that any provision hereof is deemed
            unenforceable, all remaining provisions of this Agreement shall not be affected
				
DOCUMENT INFO
Description: This is an agreement between an accountant and a client setting forth material terms for the engagement of the accountant's services. It contains provisions regarding the payment terms, an agreement to mediate disputes, and the right to terminate the agreement by either party. This document contains numerous of the standard clauses commonly used in these types of agreements, as well as optional language to allow for customization to ensure the specific terms of the parties’ agreement are addressed.
This document is also part of a package Business Contracts Starter Kit 22 Documents Included