Accounting Services Agreement for Ireland

Accounting Services Agreement Template for Ireland

A comprehensive legal agreement governed by Irish law that establishes the terms and conditions under which professional accounting services are provided. The document outlines the scope of accounting services, professional obligations, fee structures, and compliance requirements in accordance with Irish accounting standards and regulations. It incorporates provisions for data protection under GDPR, professional liability, confidentiality, and dispute resolution mechanisms while ensuring compliance with Irish Companies Act 2014 and relevant financial reporting requirements.

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What is a Accounting Services Agreement?

The Accounting Services Agreement is essential for establishing a formal professional relationship between accounting service providers and their clients in Ireland. This document is typically used when engaging external accounting professionals or firms to provide various financial services such as bookkeeping, tax preparation, audit services, or financial advisory. The agreement ensures compliance with Irish regulatory requirements, including the Companies Act 2014, tax legislation, and data protection laws, while clearly defining the scope of services, professional standards, confidentiality obligations, and liability limitations. It protects both parties' interests by establishing clear expectations, responsibilities, and terms of engagement in line with Irish legal and professional standards.

What sections should be included in a Accounting Services Agreement?

1. Parties: Identification of the accounting firm and the client, including full legal names and registered addresses

2. Background: Context of the agreement and brief description of the parties' intentions

3. Definitions: Definitions of key terms used throughout the agreement

4. Scope of Services: Detailed description of the accounting services to be provided

5. Term and Engagement: Duration of the agreement and conditions for engagement

6. Fees and Payment Terms: Fee structure, payment schedule, and billing procedures

7. Obligations of the Accountant: Professional responsibilities, standards of service, and compliance requirements

8. Client Responsibilities: Client's obligations including providing information and documentation

9. Confidentiality: Confidentiality obligations and handling of sensitive information

10. Data Protection: GDPR compliance and data handling procedures

11. Intellectual Property: Ownership and usage rights of documents and materials

12. Professional Liability and Indemnification: Liability limitations and indemnification provisions

13. Termination: Conditions and procedures for terminating the agreement

14. Dispute Resolution: Procedures for handling disputes and applicable jurisdiction

15. General Provisions: Standard boilerplate clauses including notices, amendments, and governing law

What sections are optional to include in a Accounting Services Agreement?

1. Tax Services: Detailed provisions for tax preparation and advisory services when included in scope

2. Audit Services: Specific provisions for audit services if statutory audit is part of the engagement

3. Investment Advisory Services: Additional terms for investment-related services if offered

4. Cloud Accounting Services: Terms specific to digital accounting services and software usage

5. International Services: Additional provisions for cross-border accounting services

6. Staff Secondment: Terms for providing temporary accounting staff to client

7. Business Advisory Services: Terms for additional business consulting services

8. Force Majeure: Provisions for unforeseen circumstances preventing service delivery

What schedules should be included in a Accounting Services Agreement?

1. Schedule 1 - Service Description: Detailed breakdown of specific accounting services and deliverables

2. Schedule 2 - Fee Schedule: Detailed fee structure, rates, and payment terms

3. Schedule 3 - Service Levels: Performance standards and response times

4. Schedule 4 - Key Personnel: List of key team members and their responsibilities

5. Schedule 5 - Data Processing Agreement: Detailed GDPR-compliant data processing terms

6. Appendix A - Professional Standards: Applicable professional standards and compliance requirements

7. Appendix B - Required Documentation: List of documents and information required from client

8. Appendix C - Software Terms: Terms for use of accounting software and digital platforms

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Ireland

Publisher

Genie AI

Document Type

Service Agreement

Cost

Free to use
Relevant legal definitions
Clauses
Relevant Industries

Professional Services

Financial Services

Technology

Manufacturing

Retail

Healthcare

Construction

Education

Non-Profit

Real Estate

Hospitality

Agriculture

Transportation

Energy

Media and Entertainment

Relevant Teams

Finance

Accounting

Legal

Compliance

Procurement

Operations

Executive Leadership

Tax

Audit

Treasury

Relevant Roles

Chief Financial Officer

Finance Director

Financial Controller

Accountant

Tax Manager

Audit Manager

Finance Manager

Company Secretary

Managing Director

Chief Executive Officer

Procurement Manager

Legal Counsel

Compliance Officer

Operations Director

Business Owner

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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