Document background
The Bookkeeping Engagement Letter is a crucial document used in Belgium to formalize the professional relationship between bookkeepers and their clients. It serves as the foundational agreement that outlines the scope of bookkeeping services, establishing clear expectations and responsibilities for both parties. This document is particularly important in the Belgian context, where bookkeeping practices are strictly regulated under the Belgian Accounting Law and supervised by the Institute for Tax Advisors and Accountants (ITAA). The engagement letter helps ensure compliance with professional standards, GDPR requirements, and anti-money laundering regulations while protecting both the service provider and the client by clearly defining service terms, deliverables, and fee arrangements.
