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Engagement Letters for Litigation Services - Forensic and Valuation Services (Formerly BVFLS) Services Practice Aid 04-1

Publisher: AICPA
Availability: Online Access
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This useful practice aid provides detailed guidance in easy-to-follow language to CPAs who provide litigation services as consultants, experts, or other roles. Practice Aid 04-1 contains many examples to help minimize misunderstandings and includes several sample engagement letters to illustrate communications for various engagements.

The step-by-step guidance on the content of communications includes

  • Terms of service
  • Limitations on liability
  • Ownership, use of materials, and attorney work product
  • Billing and retainers
  • Termination of service
  • Issues of independence and conflicts of interest
  • Dispute resolution provisions
  • Other practical guidance

This practice aid supersedes Consulting Services Practice Aid 95-2, Communicating Understandings in Litigation Services: Engagement Letters

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Publication On-Demand
Product# 055298PDF
Availability: Online Access
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