Document background
The Bookkeeping Engagement Letter is a crucial document used in Canadian business practice to formalize the professional relationship between a bookkeeping service provider and their client. It is typically implemented at the beginning of a new client engagement or when updating terms with existing clients. The document encompasses essential elements required by Canadian federal and provincial regulations, including privacy protection under PIPEDA, professional standards compliance, and provincial business practice requirements. This letter outlines specific services to be provided, fee structures, timelines, and responsibilities, while incorporating necessary legal protections for both parties. It serves as both a legal contract and a detailed service agreement, ensuring clear communication and expectations between the bookkeeper and client while maintaining compliance with Canadian professional standards and regulations.
