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Financial Management Review
"I need a Financial Management Review agreement for my technology startup to engage a consulting firm to review our financial processes and internal controls, with the review to be completed by March 2025 and special attention to compliance with Malaysian fintech regulations."
1. Parties: Identification of the reviewing firm and the client organization
2. Background: Context of the financial management review, including the client's business nature and review objectives
3. Definitions: Key terms used throughout the agreement, including financial and technical terminology
4. Scope of Services: Detailed description of the financial management review services to be provided
5. Review Methodology: The approach and standards to be applied in conducting the financial review
6. Duration and Timeline: Period of review and key milestone dates
7. Fees and Payment Terms: Financial arrangements, payment schedule, and related terms
8. Confidentiality and Data Protection: Obligations regarding sensitive financial information and compliance with PDPA
9. Deliverables: Specific outputs and reports to be provided
10. Client Obligations: Requirements for information provision and cooperation
11. Professional Standards: Compliance with relevant Malaysian financial and professional standards
12. Termination: Conditions and process for ending the engagement
13. Governing Law and Jurisdiction: Application of Malaysian law and dispute resolution procedures
1. Force Majeure: Include when specific risk allocation for unforeseen events is needed
2. International Compliance: Required when the client has international operations or cross-border considerations
3. Subcontracting: Include when parts of the review may be delegated to other professionals
4. Insurance: Detailed insurance requirements when dealing with high-value reviews
5. Anti-Corruption Compliance: Additional compliance terms for public or highly regulated entities
6. Intellectual Property Rights: Include when proprietary methodologies or tools will be used
7. Non-Solicitation: Include when protecting against staff poaching is important
1. Schedule 1 - Scope of Work: Detailed breakdown of review areas and methodologies
2. Schedule 2 - Fee Structure: Detailed fee calculations and payment milestones
3. Schedule 3 - Timeline and Deliverables: Specific dates and detailed description of deliverables
4. Schedule 4 - Key Personnel: List of key team members and their roles
5. Schedule 5 - Required Documentation: List of documents and information required from the client
6. Schedule 6 - Compliance Checklist: Relevant Malaysian regulatory requirements to be reviewed
7. Appendix A - Review Methodology: Detailed technical approach and standards to be applied
8. Appendix B - Report Templates: Standard formats for various reports and deliverables
Authors
Applicable Laws
Audit Committee
Board
Business Day
Commencement Date
Company
Confidential Information
Deliverables
Engagement Letter
Engagement Team
Financial Management Review
Financial Records
Financial Statements
Financial Year
Force Majeure Event
Governing Law
Internal Controls
Key Personnel
Malaysian Accounting Standards
Material Adverse Change
Professional Standards
Project Manager
Review Period
Review Report
Review Services
Risk Management Framework
Schedule of Fees
Scope of Services
Service Provider
Services
Term
Working Papers
Scope of Work
Professional Standards
Fees and Payment
Confidentiality
Data Protection
Client Cooperation
Information Access
Review Methodology
Deliverables
Timeline
Personnel
Representations and Warranties
Liability Limitation
Indemnification
Insurance
Intellectual Property
Record Retention
Regulatory Compliance
Anti-Money Laundering
Force Majeure
Term and Termination
Non-Solicitation
Assignment
Notices
Dispute Resolution
Governing Law
Entire Agreement
Severability
Amendments
Third Party Rights
Financial Services
Banking
Insurance
Manufacturing
Real Estate
Healthcare
Technology
Retail
Energy
Telecommunications
Public Sector
Education
Construction
Hospitality
Finance
Internal Audit
Risk Management
Compliance
Treasury
Corporate Finance
Financial Planning & Analysis
Accounting
Legal
Executive Management
Board of Directors
Corporate Governance
Chief Financial Officer
Finance Director
Financial Controller
Internal Audit Manager
Compliance Officer
Risk Management Officer
Treasury Manager
Corporate Finance Manager
Financial Planning Manager
Board Director
Audit Committee Member
Company Secretary
Managing Director
Chief Executive Officer
Financial Analyst
Management Accountant
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