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Confidentiality Agreement For Accounting Services

Another provision, often contained in DDNs or confidentiality rules, is the obligation for the company to compensate the customer for all costs in the event of non-compliance with its obligations under the NDA or confidentiality rules. Any obligation to compensate the customer must always be carefully examined. (See “Professional Liability Spotlight: Deflecting Clients` Defense and Indemnity Requests,” April 2017, for further discussion.) Another consideration, along with accounting confidentiality, is the use of accounting software and related products. Accountants and managers often interact with the providers of these solutions. In her article “Tech Republic, Should a Technician Follow an Order to Violate a Confidentiality Agreement?”, Becky Roberts draws attention to some issues that may arise. While it may be acceptable to use a boilerplate NDA to discuss a possible future business relationship between the parties, the terms of such a “prospecting” NDA should end before a final services agreement is concluded. At this stage, audit firms should pay particular attention to the three themes mentioned above. If in doubt, go with a lawyer who is aware of the unique issues facing ASAs. Customer requests for confidentiality agreements or confidentiality agreements (INAs) are becoming more common in accounting. CPAs receive requests for NDAs both through exploratory interviews on future business relationships and through effective service contracts for clients. .

Posted in Uncategorized 1 month ago at 10:21 am.

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