Terms of Service
How engagements at Lunar Accounting CPA begin, what they cover, and what each party is responsible for.
The service
Lunar Accounting CPA provides bookkeeping, payroll, monthly close, tax return preparation, and advisory services to Ontario non-profits and small businesses. All work is performed by Sam Thandi, CPA, registered with CPA Ontario.
Engagements
A formal engagement begins only after an initial conversation and a signed engagement letter that sets out the scope, fee, and responsibilities of each party. Until that letter is signed, no accounting work is undertaken and no professional relationship exists.
Compilation engagements
Monthly bookkeeping and reporting work is performed under a compilation engagement in accordance with CPA Ontario standards. This work does not constitute an audit or a review, and no assurance is provided on the financial statements.
Your responsibilities
You are responsible for the accuracy and completeness of the records and information you provide, for authorising payments, and for decisions made on the basis of the reports delivered. I do not execute payments or hold authority over your bank accounts.
Fees
Fees are quoted as a fixed monthly amount after an initial conversation and are set out in the engagement letter. One-off or catch-up work is quoted separately before it begins.
Confidentiality
All information exchanged during an engagement is kept confidential, subject only to the legal and professional obligations of a Chartered Professional Accountant.
Contact
Questions about these terms can be sent to info@lunaraccounting.ca.