How an Engagement Letter Saved Manafort’s Accountant

Philip Ayliff testified at Paul Manafort’s trial about unreported offshore accounts and foreign financial interests.  Without his engagement letter, Ayliff might have been in a lot of trouble. Last August, Paul Manafort was convicted of five counts of tax fraud, one...

Why I Started Engage: Part II, The Solution

The question of why I started Engage is really three questions: what is the problem; why Engage solves the problem; and why I decided to start the company and build the app. Part I explains how engagement letters can improve a CPA’s practice and protect his or...

Using Engagement Letters in my Practice

The question of why I started Engage is really three questions: what is the problem; why Engage solves the problem; and why I decided to start the company and build the app. Below, I talk about the problems I was having in my practice and how I approached finding a...

Why I Started Engage: Part I, The Problem

The question of why I started Engage is really three questions: what is the problem; why Engage solves the problem; and why I decided to start the company and build the app. Part I, below, talks about why accountants should use engagement letters and why failing to...

JoA: The Importance of Engagement Letters

Sarah Ference, the risk control director at CNA, writes in the Journal of Accountancy that engagement letters serve many purposes: they strengthen the CPA-client relationship by clearly communicating the terms of service and defining the division of responsibilities...
Share This