Welcome, Vitor.

The formal engagement will commence in accordance with the engagement documentation accepted by you and will apply to the services and periods identified in that documentation.

Earlier periods or services outside the agreed scope are not included unless expressly agreed.

If there is a material change to the business, ownership, structure, scope of services or applicable requirements, the engagement and fees may need to be reviewed.

The quoted fees and scope are based on the information presently available to us and assume that there are no material or unusual transactions or circumstances of which we have not been made aware.

We also assume that accounting records supplied to us are reasonably complete, accurate and reconciled, except where maintaining those records is expressly included in our scope.

Requested information and approvals should be provided within a reasonable timeframe so that we have sufficient time to attend to applicable reporting and lodgement obligations.

If the actual circumstances materially differ from these assumptions, we will discuss any additional work and associated fees before undertaking material work outside the agreed scope where practicable.

We are required to comply with applicable anti-money laundering and counter-terrorism financing laws and professional obligations.

As part of onboarding and, where required, during the engagement, we may need to verify identity and obtain information concerning the business, ownership, controllers and beneficial owners.

Verification may be completed electronically using third-party identity verification providers, government or other reliable data sources, and may require supporting documents or additional information.

We may also be required to undertake ongoing customer due diligence and update information when circumstances change. If sufficient information cannot be obtained or verified, we may be unable to commence or continue the relevant services.

Where required, we can separately scope ongoing bookkeeping and payroll support, including transaction coding, bank and credit-card reconciliations, payroll processing, STP reporting and maintenance of accounting records.

The scope and fee will depend on transaction volumes, number of accounts, payroll requirements and the condition of the existing accounting records.

Fees may be reviewed annually having regard to CPI, changes in scope, complexity, transaction volume, service requirements and other relevant circumstances.

A 5% disbursement charge applies to our professional fees together with applicable subscriptions and third-party expenses incurred or paid on your behalf, including Xero subscriptions where applicable.

ASIC statutory fees and other government charges are not included unless expressly stated.

Work outside the agreed package or a separately agreed fixed-fee engagement may be charged at our applicable hourly rates.

Where practicable, we will discuss material additional work with you before proceeding.

Material restructuring, legal documentation, detailed asset-protection advice, historical remediation, substantial bookkeeping correction, ATO audits and reviews, objections, valuations and specialist tax advice are separately scoped unless expressly included.

Where specialist advice is appropriate, we may introduce an external professional. The external adviser acts under their own engagement and remains responsible for their advice and services.

Appropriate authority will be obtained before confidential client information is provided to an external adviser, except where disclosure is otherwise required or permitted by law.

Where disclosure of any referral fee, commission or other material benefit is required under applicable professional or ethical requirements, that disclosure will be made.

Our work will rely on information, records and explanations provided by you and information otherwise available to us.

You remain responsible for providing complete, accurate and timely information relevant to the services.

You should advise us promptly if you become aware of information that may materially affect the advice or services we are providing.

In the course of the engagement, we may prepare working papers, calculations and notes to support the services provided and our professional obligations.

Our working papers remain the property of PRATT Partners and may be retained in accordance with our record-keeping obligations and internal quality-control requirements.

Original records provided by you remain your property. Where appropriate, copies may be retained for our client files and professional record-keeping requirements.

You should notify us if you become aware of an actual or potential conflict of interest relevant to our engagement.

We are also subject to professional obligations concerning independence, objectivity, confidentiality and conflicts of interest and will manage identified conflicts in accordance with those obligations.

Our services are subject to applicable law and relevant professional and ethical standards, including obligations concerning integrity, objectivity, confidentiality and compliance with laws and regulations.

Nothing in the engagement limits an obligation imposed on us by law or an applicable professional standard.

Unless expressly agreed otherwise, preparation of financial statements, tax returns and related work does not constitute an audit or review and no audit or assurance opinion is expressed.

If a concern or dispute arises, we will seek to resolve it directly with you in good faith.

Any formal dispute-resolution process applicable to the engagement will be governed by the terms contained in PRATT Partners' formal engagement documentation.

This proposal summarises the proposed commercial scope and fees.

The engagement remains subject to PRATT Partners' formal Terms of Engagement and any entity-specific engagement documentation provided to you.

Those documents address the responsibilities of each party, confidentiality, privacy, professional obligations, billing, records, conflicts, termination, dispute resolution and other conditions applying to the engagement.