A disengagement letter professionally and formally terminates the CPA-client relationship and provides CPAs with a valuable tool to reduce potential legal liability. When written effectively, the disengagement letter can leave clients feeling that you considered their business needs and acted in their best interests.
To guide you in the right direction, consider using this Sample Disengagement Letter. Additional sample letters are provided in the AICPA Management of an Accounting Practice (MAP) eHandbook. Subscriptions to the MAP Handbook are available electronically and can be purchased by PCPS members at a substantial discount.
The AICPA Professional Liability Insurance Program provides further information on client termination and suggested wording for disengagement letter preparation.