“Standard Engagement Letter templates
are not a good enough
Standard engagement letter templates are a set of building blocks. But YOU are then expected to have the relevant legal, regulatory and compliance knowledge to assemble those templates into a suite of working engagement letters. These need to reflect your firm and the clients you serve so you can manage the expectations and risks of all parties. And this is all before you can even think about automating their production.
Because this is such an arduous task, most firms end up falling short of even their most basic regulatory requirements, leaving them exposed to risk. At best, they end up with overly complicated documents that are difficult to understand by the client and by everyone in the firm.
But…. they have the potential to be so much more.
The missed opportunity
that most firms can’t even consider
Expertly crafted engagement letters can not only help you to meet your regulatory obligations and protect your firm from risk, but they can do so much more.
They can be used to clearly set out expectations, to help your clients become better clients and help your team to fully understand what’s expected of them too.
They can strengthen relationships through their clarity and lengthen relationships through the trust that they build. Because through these documents, you can actually demonstrate the highest levels of firm-wide, long-term, client care.
But to achieve this level, you would need a team of experts within your firm, working closely with you to produce this suite of engagement letters, that reflect the changing nature of your firm, your clients and the regulatory landscape.
Unless….. that expertise was built into the engagement letters themselves.
Create a library of Smart Engagement Letters
in seconds with OverSuite™
- Developed by professionals with over 30 years of experience working at the forefront of compliance
- Compliant to the highest standards of AAT, ACCA, AIB, ATT, CAI, CIMA, CIPFA, CIT, CPAA, IAB, ICAEW, ICAS, ICB and IFA
- Continually evolving to meet changing regulations
- Automatically updated in GoProposal for permanent protection
- Written in plain English to make them more accessible & client-friendly
- Commercially considered for progressive accounting businesses
- Auto-generated via our wizard & easily editable
GoProposal Members can get started on 15th October
Start your free 30-day trial of OverSuite™
Who Are The Experts Behind OverSuite™?
GoProposal is working with the UK's leading experts on professional ethics and regulatory compliance for accountancy practices and their clients.
She has authored and co-authored a number of technical guides, work programmes on audit and anti-money laundering and practical aids such as engagement letters as well as publications on practice management and the not for profit sector.
She specialises in the not for profit sector lecturing and advising on charities and cooperatives of all sizes. She is actively involved in the charity sector, acting as a trustee as well as her involvement in the technical aspects of the sector.
Since leaving ACCA, Ian has pursued his interests as a consultant. He enjoys providing solutions in the various areas of professional ethics, regulatory compliance and support for small practices, and particularly enjoys focusing on anti-money laundering compliance solutions for professional bodies, accountancy practices and their clients.
Questions About OverSuite™
Yet to be decided.
Initially yes. These are only for UK accounting and bookkeeping businesses.
Absolutely. You can always use your own engagement letters with our system. They just need copying and pasting in and GoProposal will expertly assemble the components together for you, automatically. We even have a service that will load them all in for you if you prefer.
No because there are several key elements that GoProposal brings such as Key Dates, Multiple Signatures, Key People and a full Service List. So GoProposal is still required to fulfil the delivery of OverSuite.
Yes. These are as compliant an any engagement letters available on the market and are constantly updating. They will be automatically updated for you with any regulatory changes, to remove any vulnerabilities for you.
OverSuite™ will be launched in October 2020 to current GoProposal members and November 2020 to the rest of the UK
Register your interest and get priority access when they go live