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Companies often hire investment bankers for capital fund-raising and M&A activities. We discuss certain guidelines that are appropriate when drafting an investment banker engagement letter.
Engagement letters can help prevent a disagreement from growing to a claim. If a claim should arise, the existence of an engagement letter generally leads to lower claim severity. In a 2017 analysis, ...
An engagement letter is highly recommended for a new client or additional services to an existing client if the service falls under different professional standards than the initial engagement. Also, ...
Engagement letters are basically an upfront contract between accountants and their clients. They make the scope of the agreement more transparent, so that the client has an understanding of exactly ...
The engagement letter should specifically state when the engagement concludes. For example, an engagement could conclude upon the delivery of a tax return or audit report.