Here is a sample CPA Service Agreement. This template can be customized to fit the specific needs and legal requirements of the parties involved. It is advisable to have the final agreement reviewed by a legal professional.
CERTIFIED PUBLIC ACCOUNTANT (CPA) SERVICE AGREEMENT
This CPA Service Agreement ("Agreement") is made and entered into on this ___ day of _________, 20, by and between:
[Client's Name], with a principal place of business at [Client's Address] (hereinafter referred to as "Client"),
and
[CPA's Name], with a principal place of business at [CPA's Address] (hereinafter referred to as "CPA").
RECITALS
WHEREAS, the Client desires to retain the services of the CPA to perform accounting and financial services as outlined herein; and
WHEREAS, the CPA agrees to provide such services on the terms and conditions set forth in this Agreement;
NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein, the parties hereto agree as follows:
1. SCOPE OF SERVICES
The CPA agrees to perform the following services for the Client (the "Services"):
Prepare financial statements and reports
Perform audits, reviews, and compilations
Provide tax planning and preparation services
Offer business advisory and consulting services
Maintain and reconcile accounting records
Ensure compliance with relevant accounting standards and regulations
Other services as agreed upon in writing by both parties
2. TERM
This Agreement shall commence on ___________ (start date) and shall continue until ___________ (end date), unless terminated earlier in accordance with Section 6 of this Agreement.
3. COMPENSATION
a. Payment Terms
The Client agrees to pay the CPA the sum of [amount] per [hour/week/month] for the Services provided. Payment shall be made [weekly/bi-weekly/monthly] on [specific day of the week/month].
b. Expenses
The Client agrees to reimburse the CPA for any pre-approved out-of-pocket expenses incurred in the performance of the Services.
4. CONFIDENTIALITY
The CPA agrees to maintain the confidentiality of all financial and business information provided by the Client and shall not disclose such information to any third party without the prior written consent of the Client, except as required by law.
5. OWNERSHIP OF WORK PRODUCT
All records, reports, and other documents created by the CPA in the performance of the Services shall be the sole property of the Client.
6. TERMINATION
a. Termination by Either Party
Either party may terminate this Agreement at any time upon thirty (30) days written notice to the other party.
b. Termination for Cause
Either party may terminate this Agreement immediately if the other party breaches any material term of this Agreement and fails to cure such breach within ten (10) days of receiving written notice of the breach.
7. INDEMNIFICATION
The Client agrees to indemnify and hold harmless the CPA from any claims, liabilities, damages, or expenses (including reasonable attorneys' fees) arising from the Client's breach of this Agreement or any third-party claims related to the Services provided.
8. INDEPENDENT CONTRACTOR
The CPA is an independent contractor and not an employee of the Client. Nothing in this Agreement shall be construed to create an employer-employee relationship between the parties.
9. GOVERNING LAW
This Agreement shall be governed by and construed in accordance with the laws of the Republic of the Philippines.
10. ENTIRE AGREEMENT
This Agreement constitutes the entire agreement between the parties and supersedes all prior agreements, understandings, and negotiations, whether written or oral, with respect to the subject matter hereof.
11. AMENDMENTS
No amendment or modification of this Agreement shall be valid unless in writing and signed by both parties.
12. SEVERABILITY
If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.
13. DISPUTE RESOLUTION
Any disputes arising out of or in connection with this Agreement shall be resolved through negotiation in good faith. If the dispute cannot be resolved through negotiation, the parties agree to submit the dispute to mediation before pursuing any other legal remedies.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first above written.
[Client's Name]
(Client)
[CPA's Name]
(CPA)
This template covers essential elements of a CPA service agreement, but depending on the specific circumstances and requirements, additional clauses or modifications may be necessary. Consulting with a legal professional to ensure compliance with local laws and to address any specific concerns is advisable.
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