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Engagement Template

Engagement Template


Date - of electronically accepting these terms



Dear Client



Re:       Engagement of our services


Further to our recent discussions, [I/we] are pleased to be supporting you with: -


  • Your new appointment in the role of “Being Your Own Chief Financial Officer of Your Personal Money”,
  • [I/we] accept the role of teacher/educator/trainer to you the client,
  • Client in the role of ‘Being Their Own Chief Financial Officer of their Personal Money’.), and
  • Now set out [my/our] understanding of the scope and terms of this engagement.


[I/We] will be responsible for the following:


  1. Providing tools and techniques to educate,
  2. We are NOT responsible for the client applying the teaching,
  3. We are NOT responsible for the client understanding the education,
  4. We will take on all feedback to assist the client in understanding the education,
  5. Assist the client in setting budgets and forecast for the year, for their Personal Money,
  6. Assist the client in understanding how much profit is being generated for the period, with their Personal Money,
  7. Assist the client in understanding Key Performance Indicators, relevant to Personal Money,
  8. Assist the client in understanding cash flow for their Personal Money,
  9. Assist the client with information that could aid to Grow their Personal Profit,
  10. As Xero Certified Advisors, point 4 to 8 above, are provided through Xero. Xero was created as a Management Accounting tool. This assistance is provided, if the client purchases the products, based around Xero.
  11. Assist the client to Grow Personal Profit; this assistance will be provided through Membership Programs, and Mentoring Programs,
  12. These Membership and Mentoring Programs are available to clients who choose to pay the fees to participate in these programs.
  13. We are NOT responsible for the client buying programs relevant to their understanding and needs.


  • [I/We] have a Bachelor of Commerce and completed the CPA Program.  
  • [I/We] have retired from the work of a CPA in Public Practice.
  • [I/We] have cancelled the CPA Public Practice Certificate in order to travel and provide Education ONLY Services to our Clients in their role of “Being Your Own Chief Financial Officer of Your Personal Money”.
  • [I/We] do not provide Taxation, Financial or Financial Planning advice. You will need to seek and choose advisors suitable to your circumstances and needs.


Services. If we are requested to provide other specific service(s) they will be the subject of a separate engagement letter and thus a separate fee.


Audit. [I/We] understand that an audit of the Financial Accounts is NOT required, and therefore we will not be expressing an opinion as to the truth and fairness of those statements. However, we will inform you of any such matters that come to our attention.


Responsibilities. You or your staff/contractors will be responsible for maintaining and regularly balancing all books of accounts, and the maintenance of an adequate accounting and internal control system. You also acknowledge that the reliability, accuracy and completeness of the accounting records are your responsibility and that you have disclosed to us all material and relevant information.


[My/Our] involvement. [My/Our] involvement in this type of engagement will not disclose fraud, defalcations or other irregularities, which may occur. However, any material weaknesses in the accounting or internal control systems, which come to our notice, will be drawn to your attention.


Please be aware that:

(a) you are responsible for the accuracy and completeness of the particulars and information provided in relation to taxation services and this responsibility rests with you;

(b) any advice given to you by your Taxation Accountant and/or Financial Advisor has been sought by you based on your particular circumstances; and

(c) a taxpayer has obligations under self assessment to keep full and proper records in order to facilitate the preparation of accurate returns. It is the taxpayer’s responsibility to keep those records for the required period of time.


[I/we] DO NOT provide taxation services. Any information acquired by us in the course of our engagement, including any information relating to your affairs whether or not it belongs to you or not or is provided by you or not, is subject to strict confidentiality requirements. Information will not be disclosed by us to other parties except as required or allowed for by law, or with your express consent.


Privacy. We may collect Personal Information about you, your representatives, your clients and others when we provide services to you. If we do, you agree to work with us to ensure that we both meet the obligations that we each may have under the Privacy Act 1988 (Cth) (as amended) (Privacy Act). The obligations may include notifying the relevant person to whom the personal information relates who we are and how we propose to use their personal information. Where you have collected personal information, you confirm that you have collected the personal information in accordance with the Privacy Act, that you are entitled to provide this personal information to us and that we may use and disclose the personal information for the purpose/s we provide our services to you. We will handle personal information in accordance with the Privacy Act.




Involvement of Others. Where, as part of our engagement, the services of an external consultant or expert are required, an estimated cost and timeframe and involvement will be provided to you for your approval.


Outsourced Services.  Kerri O’Shea and Associates Pty Ltd ATF; outsources work for the company; work is not outsourced on behalf of the clients.


Acceptance of our services in conjunction with this engagement document indicates your acceptance of the use of outsourced services as described. Where the outsourced service requires the disclosure of personal information to an overseas recipient a consequence of your consent is that the [outsourced company] will be required to take reasonable steps to ensure that the Australian Privacy Principles are complied with by the overseas recipients of the Personal Information.


Storage of Personal Information. By signing this letter and accepting these services you acknowledge and agree that your personal information may be stored overseas.


Ownership of Documents. All original documents obtained from you arising from the engagement shall remain your property. However, we reserve the right to make a reasonable number of copies of the original documents for our records.


Our engagement will result in the production of <identify the output documents of the engagement including, if applicable, electronic documents or files, which will be supplied to the client, such educational training material.>. Ownership of these documents will vest in you. All other documents produced by us in respect of this engagement will remain the property of the firm, subject to any statutory obligations.


The firm has a policy of exploring a legal right of lien over any client documents in our possession in the event of a dispute. The firm has also established dispute resolution processes.  



  • [Fees are charged by education package, as a one off fee, monthly membership fee, or mentoring program fee.]
  • [My/Our] fees, which will be billed up front and must be paid at commencement of program, or one month in advance for membership or mentoring programs.
  • Any additional fee for an additional service not covered in the scope of this engagement will be the subject of a separate engagement letter under separate fee arrangements.
  • Payment of any account is required to be made immediate, or on the monthly anniversary of the monthly membership program and mentoring program.


Period of Engagement.   This engagement will start on [date of electronically accepting these terms]. The first period for which we will be responsible will end [three months after your last payment of any product]. We will not deal with earlier periods unless you specifically ask us to do so and we agree.



NB This engagement document will be effective for future years unless we issue an amended one to you.


By purchasing this product, you signify your consent to this Engagement Template. If you do not agree to this Engagement Template, do not purchase this product or any product and DO NOT USE the website.


If you would like to discuss any matters in relation to the terms of our engagement or the contents of this letter, please do not hesitate to contact me on [+61 409 893 906].


Yours faithfully


Kerri O’Shea


Kerri O’Shea and Associates Pty Ltd ATF





Acknowledged on behalf of [insert name of entity] by




By purchasing this product, you signify your consent to this Engagement Template. If you do not agree to this Engagement Template, do not purchase this product or any product and DO NOT USE the website.


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