What Is an Engagement Agreement?

1️⃣ 🖋️ What Is an Engagement Agreement?

An engagement agreement is a written contract between you and your financial services provider that:

• Defines the scope of services

• Sets the fees and billing terms

• Outlines the responsibilities of both parties

• Details the terms of engagement and confidentiality

At FPG-USA, we use engagement agreements to ensure there’s no confusion about what’s included—and what’s not.

 

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2️⃣ 💼 Why Do Professional Firms Use Engagement Agreements?

Engagement agreements are a best practice for professional services—especially in bookkeeping and CFO advisory.

 

Benefits of a clear engagement agreement:

• Sets expectations before work begins

• Protects both parties legally and professionally

• Prevents scope creep (adding tasks without agreed pricing)

• Provides a reference point if questions arise later

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3️⃣ 🔍 What’s Included in FPG-USA’s Engagement Agreements?

Our agreements typically include:

• A detailed scope of services (bookkeeping, fractional CFO advisory, cleanup, or project-based services)

• Fixed-fee pricing or project-based fees (no hourly surprises)

• Terms of service, including timelines, deliverables, and communication expectations

• Confidentiality terms to protect your sensitive information

• Termination clauses—so either party can exit the agreement fairly if needed

• Payment authorization for ongoing services—simplifying billing with secure, automated payments

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🔐 How We Handle Signatures and Payments

At FPG-USA, all engagement agreements and payment authorizations are:

• Signed electronically via DocuSign

• Secure, legally binding, and easy to complete from any device

• Designed for remote convenience—no printing, scanning, or mailing required

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​​​​​4️⃣ 🚫 What’s Not Included—And Why That Matters

A good engagement agreement also clarifies what’s outside the scope, such as:

• Tax preparation (unless explicitly included)

• Audit or attestation services

• Legal services or legal advice

• Transactional bookkeeping unrelated to the agreed scope

 

This protects both sides and avoids misunderstandings.

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5️⃣ 🤝 How FPG-USA Customizes Engagements for Your Business

We offer multiple service tiers and options for each engagement.
You’ll receive:

• A clear proposal outlining your service options

• A written engagement agreement that reflects your chosen plan

• Fixed-fee billing for simplicity and peace of mind

• Automated payment setup for hassle-free monthly service

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