Document background
The Outsourced CFO Engagement Letter is essential for companies in South Africa seeking professional financial management services without employing a full-time CFO. This document is particularly relevant for growing businesses, SMEs, and organizations requiring sophisticated financial oversight on a flexible basis. The engagement letter comprehensively details the scope of services, reporting structures, and compliance requirements under South African law, including adherence to the Companies Act, IFRS standards, and POPIA. It serves as the foundational document establishing the professional relationship between the company and the outsourced CFO service provider, ensuring clear understanding of duties, expectations, and deliverables while maintaining professional standards and regulatory compliance.
