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Engagement letter signing

Hi there,
I am new to public practice and i dont know know to deal with engagement letters. Do i need to get it signed by hand or is it ok if they confirm it by reply back the email writing ' i comforn i agree with.........' What are the criteria of approval.
Thanks

Comments

  • readerreader Experienced Mentor MAAT, AAT Licensed Accountant Posts: 1,042
    Your client can electronically sign it
  • readerreader Experienced Mentor MAAT, AAT Licensed Accountant Posts: 1,042
    In the even of a disagreement it wouldn't be great if all you had was an email saying that they confirmed it. Always best to have something signed on file IMHO.
  • vinukmathewsvinukmathews Registered Posts: 16
    Will it still be vaild even if they didnt reply if back conforming
  • vinukmathewsvinukmathews Registered Posts: 16
    Can i still continue with the client if yhe read the letter but didnt conform it replying back?
  • readerreader Experienced Mentor MAAT, AAT Licensed Accountant Posts: 1,042
    Hello Mr Vinu,

    Any words or actions signalling the buyer's consent to the terms of your proposed offer constitutes acceptance. So an email that gives final and unqualified acceptance should suffice.

    A quick google search should also reveal the same.
    mskaatRJ_123
  • vinukmathewsvinukmathews Registered Posts: 16
    Thanks for your reply.

    Do i need to send engagement letter every year or is it ok not sending them if there are no changes to the service providing and fees?
  • CSan89CSan89 MAAT Posts: 207
    At the practice I work at we send engagement letters every year. We also get a signed copy, then there is no misunderstanding between us and the client. Not sure what the AAT’s requirement is on engagement letters are but it may be worth checking their policy on it so if they do a compliance visit then your on the right side of the rules.
    AAT Level 2&3 - 2016
    AAT Level 4 - 2017
    Personal Tax, Business Tax and External Auditing

    ACA/CTA -
    Certificate Level - Jan 2019
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