Professional Standards and Regulations: Includes AICPA Professional Standards, state-specific professional licensing requirements, and Sarbanes-Oxley Act requirements where applicable for professional service engagements
Contract Law: Encompasses state-specific contract laws, Statute of Frauds requirements, and Uniform Commercial Code provisions that govern the formation and enforcement of the engagement agreement
Professional Liability: Covers state-specific professional liability laws, professional malpractice regulations, and limitation of liability provisions that need to be addressed in the engagement letter
Privacy and Data Protection: Includes compliance with Gramm-Leach-Bliley Act, state-specific privacy laws, HIPAA (for healthcare), and CCPA/CPRA (for California) requirements regarding data protection and confidentiality
Fee Arrangements: Addresses State Bar rules on fee arrangements, state-specific fee disclosure requirements, and federal/state regulations on billing practices that must be reflected in the engagement terms
Document Retention: Covers IRS requirements, state-specific record retention laws, and industry-specific retention requirements that need to be addressed in the engagement terms
Conflict of Interest: Encompasses professional ethics rules, state-specific conflict disclosure requirements, and industry-specific independence requirements that must be addressed in the engagement letter
Terms of Service: Includes requirements for clear scope of work definition, service level agreements, and termination provisions that must be clearly stated in the engagement letter
