Notice to Our Client 

This Engagement Notice is to confirm our understanding of the terms of our
engagement and the nature and limitations of the services that we provide for our
clients.

Purpose, Scope, and Output of the Engagement

Our firm can supply the following services:
• All accounting and taxation services for Individuals, Partnerships, Companies,
Trusts or Self-Managed Super Funds
• Completion and lodgement of taxation returns
• Completion of Annual Accounts
• Complete and lodgement of Business Activity Statements
• Assistance with bookkeeping in relation to identifying and correcting
problems
• Seeking up of online or cloud based accounting or bookkeeping systems 
• Completion or assistance with payroll runs or end of year balancing 
• Completion of the annual ASIC return
• Management of ASIC requirements including Minutes
• Regular review of accounts as requested
• Taxation advice when required
• Telephone calls and all appointments
• Review of structures or ownership to maximise any taxation benefits
• Establishment of Companies or Trusts

Our services will be conducted in accordance with the relevant professional and
ethical standards issued by the Accounting Professional & Ethical Standards Board
Limited (APESB), and any relevant legislation. The extent of our procedures and
services will be limited exclusively for this purpose only. As a result, no audit or
review will be performed and, accordingly, no assurance will be expressed. Our
engagement cannot be relied upon to disclose irregularities including fraud, other
illegal acts and errors that may exist. However, we will inform you of any such matters that come to our attention. 

This engagement includes on the individual or entity which we have agreed to work
upon 

There is no assumption of responsibility for any reliance on our report by any person
or entity other than yourself and those parties indicated. Our work shall not be
inferred or used for any purpose other than for which it was specifically prepared.
Accordingly, our reports and work may include a disclaimer to this effect. 

Period of Engagement

This engagement will start upon the appointment of our firm and our acceptance of
the work to be undertaken. We will not deal with earlier periods unless you
specifically asks us to do so and we agree. This engagement document will be
effective for future years and ongoing unless we issue an amended one to you. 

Responsibilities

In conducting this engagement, information acquired by us in the course of the
engagement, including any information relating to your affairs whether it belongs to
you or not or is provided by you or not, is subject to strict confidentiality
requirements. That information will not be disclosed by us to other parties except as
required or allowed for by law, or with your express consent.

We wish to draw your attention to our firm’s system of quality control which has
been established and maintained in accordance with the relevant APESB standard. As
a result, our files may be subject to review as part of the quality control review
program of CPA Australia which monitors compliance with professional standards by
its members. We advise you that by accepting our engagement you acknowledge
that, if requested, our files relating to this engagement will be made available under
this program.

We may collect Personal Information about you, your representatives, your clients
and others when we provide services to you. If we do, you agree to work with us to
ensure that we both meet the obligations that we each may have under the Privacy
Act 1988 (as amended). The obligations may include notifying the relevant person to
whom the personal information relates who we are and how we propose to use their
personal information. Where you have collected personal information, you confirm
that you have collected the personal information in accordance with the Privacy Act,
that you are entitled to provide this personal information to us and that we may use
and disclose the personal information for the purpose/s we provide our services to
you. We will handle personal information in accordance with the Privacy Act.

You are responsible for the reliability, accuracy and completeness of the accounting
records, particulars and information provided and disclosure of all material and
relevant information. You are required to arrange for reasonable access by us to
relevant individuals and documents and shall be responsible for both the
completeness and accuracy of the information supplied to us. Any advice given to
you is only an opinion based on our knowledge of your particular circumstances. You

or your staff are responsible for maintaining and regularly balancing all books of
accounts, and the maintenance of an adequate accounting and internal control
system. You have obligations under self-assessment to keep full and proper records in order to facilitate the preparation of accurate returns. It is your responsibility to keep those records for five (5) years.

A taxpayer is responsible under self-assessment to keep full and proper records in
order to facilitate the preparation of a correct return. Whilst the Commissioner of
Taxation will accept claims made by a taxpayer in an income tax return and issue a
notice of assessment, usually without adjustment, the return may be subject to later
review. Under the taxation law such a review may take place within a period of up to
four (4) years after tax becomes due and payable under the assessment. Furthermore, where there is fraud or evasion there is no time limit on amending the
assessment. Accordingly, you should check the return before it is signed to ensure
that the information in the return is accurate.

Where the application of a taxation law to your particular circumstances is uncertain
you also have the right to request a private ruling which will set out the
Commissioner’s opinion about the way a taxation law applies, or would apply, to you
in those circumstances. You must provide a description of all of the facts (with
supporting documentation) that are relevant to your scheme or circumstances in
your private ruling application. If there is any material difference between the facts
set out in the ruling and what you actually do the private ruling is ineffective.
If you rely on a private ruling you have received, the Commissioner must administer
the law in the way set out in the ruling, unless it is found to be incorrect and applying
the law correctly would lead to a better outcome for you. Where you disagree with
the decision in the private ruling you can lodge an objection against the ruling if it
relates to income tax, fuel tax credit or fringe benefits tax. Your time limits in lodging
an objection will depend on whether you are issued an assessment for the matter (or
period) covered by the private ruling.

Involvement of Others
Where, as part of our engagement, the services of an external consultant or expert
are required, an estimated cost and timeframe and involvement will be provided to
you for your approval.

Outsourced Services
Acceptance of our services in conjunction with this engagement document indicates
your acceptance of the use of outsourced services as described. Where the
outsourced service requires the disclosure of personal information to an overseas
recipient a consequence of your consent is that we will be required to take
reasonable steps to ensure that the Australian Privacy Principles are complied with by
the overseas recipients of the Personal Information.

Storage of Personal Information
By appointing us to complete any work or engaging our services you acknowledge
and agree that your personal information may be stored in Australia or overseas.

Fees

Any fee arrangement is based on the expected amount of time and the level of staff required to complete the miscellaneous expenses which are incurred to complete the engagement. A fee arrangement will be subject to change if circumstances should change. Any costs incurred to recover unpaid fees including legal or court fees will be charged to the client. If no fee arrangement is in place, then we will charge based on either time to complete the work or for the value of work undertaken or completed, which is at the discretion of us. We are not at liberty to disclose the hours taken to complete work unless we agree to do so. Fees must be paid prior to lodgement of any returns with the Australian Taxation Office or lodgement of any documents with any third party or authority. Some services have minimum fees while others we will utilise an hourly rate.

Our updated fees are on our homepage every1counts.com.au.

Monthly Fees 

We may reach agreement with business clients to pay a monthly fee for accounting & taxation services. The fee agreement is based on a fixed monthly fee but should work be required outside the normal tasks for the client then an additional fee will be
advised to the client prior to the fee being incurred. Cancellation of fees requires 7
days’ notice from either party and may require an additional payment if delivery of
services for the current financial year has exceeded the fee paid using our standard
hourly rates. No refund is payable if services have not been requested or delivered in
any given financial year.

Limitation of Liability 

Our liability is limited by a scheme approved under Professional Standards
Legislation.

Ownership of Documents 

All original documents obtained from you arising from the engagement shall remain
your property. However, we reserve the right to make a reasonable number of copies
of the original documents for our records.
Our engagement may result in the production of other documents including
Electronic copies. All other documents produced by us in respect of this engagement
will remain the property of the firm, subject to any statutory obligations.
The firm has a policy of exploring a legal right of lien over any client documents in our
possession in the event of a dispute. 

Confirmation of Terms 

Appointment of us to complete any work will confirm that you have agreed to our
Engagement terms and we reserve the right to update or amend these terms without
prior notice. This Engagement Authority will be effective for future years and ongoing
unless amendments or updates are made at the discretion of the firm.