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Item No. 8.3. ADDENDUM TO ENGAGEMENT LETTER TO PROVIDE PROFESSIONAL AUDITING SERVICES BETWEEN THE BOARD OF TRUSTEES OF THE CITY OF SARASOTA GENERAL EMPLOYEES DEFINED BENEFIT PENSION PLAN AND MAULDIN
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01
Start by reviewing the original engagement letter to understand the context and purpose of the addendum.
02
Identify the specific changes or additions that need to be made to the engagement letter.
03
Clearly state the purpose of the addendum and its relationship to the original engagement letter.
04
Include a section that outlines the specific terms and conditions being added or modified.
05
Ensure that both parties involved, such as the client and the service provider, agree to the content of the addendum.
06
Sign and date the addendum to make it legally binding.
07
Keep a copy of the addendum along with the original engagement letter for future reference.

Who needs addendum to engagement letter?

01
Anyone who wants to make changes or additions to an existing engagement letter.
02
Professional service providers who need to specify additional terms and conditions for their clients.
03
Clients who want to add or modify certain aspects of the engagement agreement.
04
Legal entities or individuals involved in a business relationship that requires a clear and documented understanding of the terms.
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An addendum to an engagement letter is a supplemental document that clarifies, modifies, or adds information to the original engagement letter, often addressing changes in scope, fees, or terms.
Typically, the client and the service provider, such as an accountant or consultant, are required to file an addendum to the engagement letter if there are significant changes to the engagement.
To fill out an addendum to an engagement letter, identify the original letter's date and details, specify the changes being made, provide the rationale for the changes, and include signatures from both parties to acknowledge agreement.
The purpose of the addendum is to ensure that both parties have a clear understanding of the adjusted terms of engagement and to maintain legal protection and clarity regarding their agreement.
The addendum must include the original engagement letter's reference, specific changes being made, the reasons for the amendments, and any new terms or conditions that apply.
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