To prepare letters, first configure the client in Compliance Database > Client Details > Key Information and

Check “Audit report required” for audited letters and uncheck it for unaudited ones. For both types, ensure at least one bank and one solicitor are added. Then, access and customize the required documents: Engagement Letter, Representation Letter, Bank Confirmation Letter, and Solicitor’s Confirmation Letters (for Balance Sheet and Documents of Title) via their respective sections under the Documentation Pack, using the “Show” options to view and edit each letter as needed.

• Select Show Engagement letter? to view the non-audited versions of the letter of engagement.
• Select Show Representation letter? to view the non-audited versions of the letter of representation.

We are pleased to announce a new Northern Ireland Club template to streamline the Clubs (Accounts) Regulations 2022. This update classifies accounts into three categories: small, medium, and large, applicable only to Northern Ireland entities.

• Small Accounts: Exempt from applying accruals accounts, subject to independent examination, and either an independent examination or audit report is required.
• Medium Accounts: Subject to independent examination, and an accountant’s report or audit report is optional.
• Large Accounts: Not subject to independent examination, and an audit report is required.