An engagement letter is a written document. It is used to define the business relationship to be entered into by a client and a company. Learn more about how it works.

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.

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, ...

An engagement letter is a contract, presented in the friendlier, easier-to-understand form of a letter. It is a tool often used by provider's of professional services, such as lawyers and CPAs, to ...

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, ...

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 ...

No engagement letter was ever signed. Despite this, Fenchurch provided hundreds of hours’ worth of work. However, the sale of the insurance division did not occur.

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.