Document background
The Bookkeeping Engagement Letter is a fundamental document used in New Zealand's professional services sector to formalize the relationship between bookkeeping service providers and their clients. It is typically implemented at the commencement of a new client relationship or when updating terms with existing clients. The document ensures compliance with New Zealand's Financial Reporting Act 2013, Tax Administration Act 1994, and other relevant legislation while incorporating professional standards required by accounting bodies. This engagement letter outlines essential elements including scope of services, fee structures, client responsibilities, confidentiality obligations, and terms of service, serving as both a legal protection and a clear communication tool for all parties involved.
