Beyond the Boilerplate

Engagement letters are a critical piece in the foundation of a CPA firm’s risk management strategy—simple yet powerful tools that help safeguard your practice and set clear expectations with clients. Think of them as your professional “seatbelt,” keeping your firm secure and prepared for the unexpected.

Despite their importance, in 2023, approximately half of all claims asserted against CPA firms in the AICPA Professional Liability Insurance Program had an engagement letter related to the service that was the subject of the claim¹, highlighting a significant gap in consistent usage.

Take control of your risk management strategy with engagement letters that work for you. In this eBook, discover actionable tips and customizable tools that you can use to create engagement letters tailored to your firm’s needs. Proactively equip your firm to be ready to handle curveballs ahead.