The basic contact information of the accountant as well as the client should be mentioned. The details should include name, address, phone number, and email ID.
Mention how much you will charge for your services, and how the payment should be given to you in what interval.
Whether the work will be ongoing or if it will last for a set period of time.
What work you will be performing once hired (for example, preparation of journals and ledgers, financial statements, or tax returns)
We all want every client project to run smoothly. However, it’s not always the case. Sometimes you get an unreasonable client or, even worse, a lawsuit. A contract protects you against those situations and gives you a reference document to be accountable to. So while it’s not a requirement to have an accounting contract, it’s a good idea to have one.
We acknowledge that you may need to adjust your accounting contract depending on the needs of your clients. That’s why we’ve made our template available in Word so you can make changes as needed. However, if you intend to make significant modifications, we advise you to consult with a lawyer for compliance.
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