What is An agreement between a CPA and her client to perform a review?

An agreement between a CPA and her client to perform a review is a formal engagement letter that outlines the scope of the review services to be provided. It typically includes the objectives of the review, the responsibilities of both parties, the timeframe for completion, and the fees involved. This agreement ensures that both the CPA and the client have a clear understanding of the expectations and deliverables associated with the review process. Such an agreement is essential for establishing a professional relationship and ensuring compliance with applicable standards.