Document background
The Engagement Letter For Accounting Services is a crucial document used in Indonesia when establishing a formal professional relationship between accounting service providers and their clients. It serves as the primary agreement outlining the scope of services, responsibilities, and terms of engagement, ensuring compliance with Indonesian regulations, particularly Law No. 5 of 2011 on Public Accountants and relevant Ministry of Finance directives. This document is essential when engaging accountants for services such as auditing, financial statement preparation, tax services, or advisory work. It protects both parties by clearly defining expectations, limitations, and obligations while adhering to Indonesian Financial Accounting Standards (PSAK) and professional ethics requirements.
