Document background
The Forensic Accounting Engagement Letter is a crucial document used when organizations require specialized investigative accounting services in Indonesia. It is typically initiated when there are suspicions of financial irregularities, fraud, or when forensic financial analysis is needed for litigation support. The document must comply with Indonesian regulations, including Law No. 5 of 2011 on Public Accountants and anti-money laundering legislation. The letter establishes the professional relationship between the forensic accounting firm and the client, detailing the scope of investigation, methodology, deliverables, and fee structure. It includes specific provisions for handling sensitive financial information, maintaining confidentiality, and ensuring compliance with Indonesian Financial Accounting Standards (PSAK). This document is essential for protecting both parties' interests and ensuring clear communication throughout the forensic investigation process.
