Terms and Conditions
Terms & Conditions
Last Updated: May 2, 2026
1. Acceptance of Terms
By accessing this website or engaging our bookkeeping and advisory services, you agree to be bound by these Terms and Conditions. If you do not agree, you should not use our website or services.
2. Services
We provide bookkeeping, accounting support, and advisory services as agreed upon in writing with each client. The scope, timing, and fees for services will be outlined in a separate engagement agreement or proposal.
We reserve the right to modify or discontinue services at any time, subject to any contractual obligations.
3. Client Responsibilities
To provide services effectively, you agree to:
- Provide accurate, complete, and timely information
- Maintain access to necessary financial accounts and systems
- Review financial reports and raise questions promptly
- Retain responsibility for business decisions and financial outcomes
We are not responsible for errors resulting from incomplete or inaccurate information provided by you.
4. Fees and Payment Terms
Fees are based on the scope of services and will be outlined in your engagement agreement.
- Payments are typically billed monthly or as otherwise agreed
- Invoices are due within 30 days of issuance
- Late payments may result in service delays or suspension
We reserve the right to adjust pricing with reasonable notice.
5. No Guarantee of Outcomes
While we strive to provide accurate and reliable services, we do not guarantee specific financial outcomes, tax results, or business performance.
6. Tax and Legal Advice Disclaimer
Unless explicitly stated in writing, we do not provide tax filing or legal services. Clients should consult a qualified CPA, tax advisor, or attorney for formal tax or legal advice.
7. Confidentiality
We maintain the confidentiality of your information and will not disclose it to third parties except:
- As required to provide services
- With your consent
- As required by law
You agree to maintain confidentiality of any proprietary materials or processes we share with you.
8. Data Security
We implement reasonable safeguards to protect your information. However, no system is completely secure, and we cannot guarantee absolute security of data transmitted electronically.
9. Use of Website
You agree to use our website for lawful purposes only and not to:
- Attempt to gain unauthorized access to systems
- Disrupt or interfere with website functionality
- Use the website to transmit harmful or unlawful content
10. Intellectual Property
All content on this website, including text, branding, and materials, is the property of Louma Accounting Advisory and may not be copied, reproduced, or distributed without permission.
11. Limitation of Liability
To the fullest extent permitted by law, we are not liable for any indirect, incidental, or consequential damages arising from:
- Use of our services or website
- Business decisions made based on our work
- Delays or interruptions in service
Our total liability for any claim shall not exceed the amount paid for services in the preceding 3 months.
12. Indemnification
You agree to indemnify and hold harmless our firm from any claims, damages, or liabilities arising from:
- Your misuse of our services
- Inaccurate or incomplete information provided by you
- Your violation of these Terms
13. Termination
Either party may terminate services in accordance with the engagement agreement. We reserve the right to terminate services if:
- Payments are not made
- Required information is not provided
- There is misuse of services
14. Governing Law
These Terms shall be governed by and interpreted in accordance with the laws of the State of New York.
15. Changes to These Terms
We may update these Terms from time to time. Continued use of our website or services constitutes acceptance of any changes.
