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.
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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
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
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
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