Generally, a contract to employ a certified public accountant need not be in writing.
However, such contracts often call for services of a highly complex and technical nature, and hence they should be explicit in their terms, and they should be in writing. In particular, a written employment contract is necessary in order to avoid misunderstanding with the employer regarding the amount of the accountant's fee or compensation and the nature of its computation. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Wisconsin Contract with Accountant to Audit Corporation's Group Medical, Disability, and Life Insurance Program
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In summary, under Wisconsin law, those who have entered into a clear and definite oral agreement to provide services within one year with no intent to sign a predicate written agreement may have recourse for violation of oral contract.
An insurance broker is a person who, for compensation and on behalf of another person transacts insurance coverage on the direct or consequential loss or damage to property of every kind. An Action Notice of Appointment authorizes the licensee to act as an insurance agent.
In Wisconsin, this fund is called the Wisconsin Insurance Security Fund (Fund). The Fund is created by state law and is funded by assessments of insurers licensed to do business in Wisconsin. In general, the Fund protects residents for most claims of licensed insurers in liquidation.
Which of the following persons is required to hold a producer license? A person who negotiates insurance contracts.
Underwriting Department - Responsible for the selection of risks (persons or property) to insure and rating that determines policy premiums.
Insurance companies must fully disclose all benefits and coverages in their customers' insurance policies. Insurance companies cannot deny a claim based on arbitrary time limits given to claimants to prove their loss or property damage.
What are the commissioner's general duties and powers? The commissioner is responsible for administering and enforcing the insurance laws of Wisconsin.
An entity which provides insurance is known as an insurer, an insurance company, an insurance carrier or an underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured.
Which of the following is NOT considered rebating? Sharing commissions with other licensed agents is not considered rebating. Failing to effectuate prompt, fair, and equitable settlements of claims is considered to be an unfair claims practice.