I have a few questions for CPAs regarding doing some work as a contractor. Some background: I have a full-time job as an accountant (industry). I have passed the CPA exam and should finish up all the paperwork to get a license shortly. I'm thinking of doing some work on the side as a bookkeeper.
One of these jobs is short term, about 10-12 weeks in the fall, during which time I'll most likely receive the license. This job involves inputting payroll hours into a website and having a third party process the payroll, bank reconciliations, other reconciliations (balance sheet recons in Excel, etc), inputting deposits from scanned check copies (no cash), invoicing clients, preparing budget to actual reports, and running financial statements in Quickbooks. All this is done remotely on websites to which I'll have my own log in information.
The company sent me a pretty standard contract, which they send to all contractors, and I'd like to add some language to it to the effect that I'm not auditing this information--that I'm just doing transactional work. Can anyone point me to some actual examples of engagement letters with language that I can use? Also, I understand I should get some professional liability insurance. Can someone point me to a good place for that (AICPA)? Anything else I'm not thinking of? Thanks for any help!