Are you delivering more than you’re paid for—or putting your practice at risk with outdated client agreements? This must-read guide shows you how to re-evaluate client relationships, set crystal-clear service boundaries, and protect your practice with engagement letters that actually work. From spotting red flags to onboarding like a pro, this article gives you the tools to work smarter, stay compliant, and build a stronger, more profitable client base.

In today's dynamic accounting and tax landscape, client acceptance and retention are crucial for maintaining a successful practice. Accountants must carefully assess each potential and existing client, evaluating business nature, compliance history, and ethical alignment. This process is especially vital across compilation, independent review, and tax engagements, where specialized skills, increased workloads, and technological advancements can challenge a firm's capacity. By establishing clear acceptance criteria and continuously reviewing client relationships, accountants can ensure alignment with professional standards and deliver value-driven services.