Auditor engagement letter for transfer pricing

[Your Name or Audit Firm's Name] [Address] [City, State, ZIP] [Date]

[Client's Name] [Address] [City, State, ZIP]

Dear [Client's Name],

Re: Engagement Letter for Transfer Pricing Audit

Scope of Services: a. We are pleased to confirm our acceptance of the engagement to perform a transfer pricing audit for [Client's Name]. b. The purpose of this engagement is to assess the compliance of [Client's Name]'s transfer pricing policies and transactions with the relevant laws and regulations. c. Our engagement will include [specific procedures and methodologies to be followed].
Responsibilities of [Client's Name]: a. [Client's Name] will provide us with all necessary information, documentation, and access to personnel required to perform the transfer pricing audit. b. [Client's Name] will ensure that all information provided is accurate, complete, and in compliance with the relevant laws and regulations. c. [Client's Name] will promptly notify us of any changes or developments that may affect the transfer pricing audit.
Responsibilities of the Auditor: a. We will conduct the transfer pricing audit in accordance with the applicable laws, regulations, and professional standards. b. We will exercise professional judgment and maintain independence throughout the engagement. c. We will communicate the results of the transfer pricing audit in the form of a written report, outlining our findings, conclusions, and recommendations.
Confidentiality: a. We will maintain the confidentiality of all information and documentation provided by [Client's Name] in connection with the transfer pricing audit, except as required by law or professional standards.
Fees and Payment Terms: a. Our fees for the transfer pricing audit will be based on [specific basis for fee calculation]. b. [Payment terms, such as frequency and method of payment].
Termination: a. Either party may terminate this engagement by providing written notice to the other party. b. In the event of termination, [provisions regarding the settlement of fees and return of documents, if applicable].

Please note that this is a general outline, and it is important to customize the engagement letter based on the specific requirements and regulations in your jurisdiction.

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