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• # 122409
• Sun 09 Apr 2023 12:08 PM

I am about to be the Treasurer for a charity on a voluntary basis.  The charity will pay the Xero subscription at cost.   I am also going to be doing an independent examination of another charity on a voluntary basis and they will pay the Xero subscription at cost to me.  The Xero subscriptions are only available to  Xero Partners so they have to pay me and I pay Xero.  I will also be carrying out the necessary AML

Does anyone have a template for a Letter of Engagement on this basis please?

Thanks in advance!

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• # 122418
• Tue 18 Apr 2023 11:58 AM

Hi Diane

I have just used my standard letter of engagement for a FOC Independent Examination keeping everything in, you could then adjust the section on fees to reflect the subscription costs that you will be charging.  Although do you need a software subscription to complete your examination?

I would guess you would do the same for your Treasurer role as you will still be providing a service, even if it's just a software subscription?

Belt and braces anyway!

Hope that helps 

Karen

• Karen
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• # 122425
• Fri 21 Apr 2023 08:15 AM

KarenM said:

“

Hi Diane

I have just used my standard letter of engagement for a FOC Independent Examination keeping everything in, you could then adjust the section on fees to reflect the subscription costs that you will be charging.  Although do you need a software subscription to complete your examination?

 

I would guess you would do the same for your Treasurer role as you will still be providing a service, even if it's just a software subscription?

 

Belt and braces anyway!

 

Hope that helps 

Karen

”

 Thanks Karen, the charity I am doing the independent examination for want to use Xero hence subscription, I will just provide consultancy and year end review.  Amending the standard letter of engagement, template found on the ICB website, is exactly what I decided to do.

Thanks again.

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