When it becomes necessary for an accounting firm to terminate a client relationship, it is important to memorialize this action in a confirming letter to the client. A letter provides written evidence of when the resignation occurred and instructions to the client regarding needed follow-up on tax, accounting, and other matters about which the firm previously advised the client.
The letter should be factual. It should document when services ended, any outstanding issues regarding work in process, fees owed to the CPA firm, client records, and items requiring follow-up or completion by the client. In most situations the termination should become effective as of the date of the letter.
Connecticut Resignation Letter from Accounting Firm to Client with Reference to Outstanding Amount Owed Firm, Work in Progress, and Return of Client's Records Dear [Client's Name], We hope this letter finds you well. We regret to inform you that effective [Resignation Date], [Accounting Firm's Name] will no longer be able to provide accounting services to your esteemed organization due to unforeseen circumstances beyond our control. We are writing this letter to formally resign from our role as your accounting firm, and in accordance with professional ethics, we want to ensure a smooth transition for both parties. First and foremost, we would like to acknowledge the outstanding amount owed to our firm. As per our records, there is a remaining balance of [Amount Owed] that has yet to be settled. We kindly request that you address this matter promptly to avoid any complications or misunderstandings. We are willing to work with you to create a suitable repayment plan if necessary, ensuring fair and transparent communication during this process. Furthermore, please note that there are ongoing projects and work in progress related to your accounts. We want to assure you that we will ensure a seamless handover of all relevant documentation and information to your new accounting firm or designated representative. Our priority is to guarantee the continuity of financial operations without disruption. Any outstanding tasks or projects will be completed and presented to you for review before our departure. Aside from the amount owed and work in progress, it is of utmost importance to return all your organization's records. These include, but are not limited to, financial statements, tax documents, payroll records, and any other supporting documents. We kindly request that you make the necessary arrangements for the return of these records at your earliest convenience. Once you confirm the availability of a representative or a mailing address, we will organize a meeting or send the records securely to ensure their safety and confidentiality. We genuinely appreciate the opportunity to have served as your accounting firm and regret any inconvenience caused by our withdrawal. We assure you that this decision was reached after careful consideration of all factors involved, and we hope you understand the circumstances of it. If you have any queries or require any additional information regarding your outstanding balance, work in progress, or the return of your records, please feel free to reach out to us at [Accounting Firm's Contact Details]. We are here to facilitate a smooth transition process and address any concerns you may have. Thank you for your understanding and cooperation in this matter. We wish you continued success in all your future endeavors. Sincerely, [Your Name] [Your Position] [Accounting Firm's Name] [Date] Alternative types of Connecticut Resignation Letter from Accounting Firm: 1. Connecticut Resignation Letter from Accounting Firm to Client with Reference to Termination of Services: — In this letter, the firm informs the client that due to unavoidable circumstances, they are terminating their services immediately. It may touch upon the outstanding amount owed, work in progress, and return of records. 2. Connecticut Resignation Letter from Accounting Firm to Client with Reference to Change in Business Strategy: — This letter emphasizes that the firm has made strategic changes to focus on a particular niche or industry, leading them to resign from the client. It may also mention any outstanding amounts, work in progress, and the return of records. 3. Connecticut Resignation Letter from Accounting Firm to Client with Reference to Internal Restructuring: — This letter communicates that the accounting firm is going through internal restructuring, resulting in the withdrawal of services to the client. It may outline any outstanding balance, work in progress, and the process of returning records. Regardless of the specific type, the main goal of these resignation letters remains the same: to inform the client about the firm's resignation, address any outstanding financial matters, ensure the completion of ongoing work, and arrange for the return of the client's records.Connecticut Resignation Letter from Accounting Firm to Client with Reference to Outstanding Amount Owed Firm, Work in Progress, and Return of Client's Records Dear [Client's Name], We hope this letter finds you well. We regret to inform you that effective [Resignation Date], [Accounting Firm's Name] will no longer be able to provide accounting services to your esteemed organization due to unforeseen circumstances beyond our control. We are writing this letter to formally resign from our role as your accounting firm, and in accordance with professional ethics, we want to ensure a smooth transition for both parties. First and foremost, we would like to acknowledge the outstanding amount owed to our firm. As per our records, there is a remaining balance of [Amount Owed] that has yet to be settled. We kindly request that you address this matter promptly to avoid any complications or misunderstandings. We are willing to work with you to create a suitable repayment plan if necessary, ensuring fair and transparent communication during this process. Furthermore, please note that there are ongoing projects and work in progress related to your accounts. We want to assure you that we will ensure a seamless handover of all relevant documentation and information to your new accounting firm or designated representative. Our priority is to guarantee the continuity of financial operations without disruption. Any outstanding tasks or projects will be completed and presented to you for review before our departure. Aside from the amount owed and work in progress, it is of utmost importance to return all your organization's records. These include, but are not limited to, financial statements, tax documents, payroll records, and any other supporting documents. We kindly request that you make the necessary arrangements for the return of these records at your earliest convenience. Once you confirm the availability of a representative or a mailing address, we will organize a meeting or send the records securely to ensure their safety and confidentiality. We genuinely appreciate the opportunity to have served as your accounting firm and regret any inconvenience caused by our withdrawal. We assure you that this decision was reached after careful consideration of all factors involved, and we hope you understand the circumstances of it. If you have any queries or require any additional information regarding your outstanding balance, work in progress, or the return of your records, please feel free to reach out to us at [Accounting Firm's Contact Details]. We are here to facilitate a smooth transition process and address any concerns you may have. Thank you for your understanding and cooperation in this matter. We wish you continued success in all your future endeavors. Sincerely, [Your Name] [Your Position] [Accounting Firm's Name] [Date] Alternative types of Connecticut Resignation Letter from Accounting Firm: 1. Connecticut Resignation Letter from Accounting Firm to Client with Reference to Termination of Services: — In this letter, the firm informs the client that due to unavoidable circumstances, they are terminating their services immediately. It may touch upon the outstanding amount owed, work in progress, and return of records. 2. Connecticut Resignation Letter from Accounting Firm to Client with Reference to Change in Business Strategy: — This letter emphasizes that the firm has made strategic changes to focus on a particular niche or industry, leading them to resign from the client. It may also mention any outstanding amounts, work in progress, and the return of records. 3. Connecticut Resignation Letter from Accounting Firm to Client with Reference to Internal Restructuring: — This letter communicates that the accounting firm is going through internal restructuring, resulting in the withdrawal of services to the client. It may outline any outstanding balance, work in progress, and the process of returning records. Regardless of the specific type, the main goal of these resignation letters remains the same: to inform the client about the firm's resignation, address any outstanding financial matters, ensure the completion of ongoing work, and arrange for the return of the client's records.
