Document background
The Engagement Letter For Accounting Services is a fundamental document used in Belgium to formalize the professional relationship between accounting firms and their clients. It is required under Belgian professional regulations and ITAA guidelines when establishing any significant accounting service arrangement. The document serves multiple purposes: it defines the scope of services, establishes professional standards, outlines fee structures, and addresses regulatory requirements including GDPR and anti-money laundering obligations. This type of engagement letter is particularly important in the Belgian context as it must comply with specific local professional standards while also adhering to EU regulations. It protects both the accounting firm and the client by clearly documenting expectations, deliverables, and limitations of the engagement.
