Guide to Selecting and Hiring an Employee Benefit Plan Auditor
Pull back the curtain on employee benefit audits - from understanding key requirements to seeking out quality experts and more!Enroll in Course
The Employee Retirement Income Security Act (ERISA) contains a requirement for annual audits of plan financial statements by an independent qualified public accountant. According to the Employee Benefits Security Administration (EBSA), "39% of the audits (nearly 4 out of 10) contained major deficiencies with respect to one or more relevant GAAS requirements which would lead to rejection of a Form 5500 filing, putting $653 billion and 22.5 million plan participants and beneficiaries at risk."
An Employee Benefit Plan Audit sounds intimidating, but with the help of this course you can learn to improve plan management and gain the confidence you need! Enroll now for an expert, insider guide through the entire employee benefit audit process:
- What is an audit and what are the requirements?
- Learn what to expect and how to prepare
- Know what to look for when selecting and hiring an Auditor
- Avoid common missteps and access expert tools & resources
|Who Can Benefit?:||Duration & Completion:||Continuing Education Credits:|
Approved for 3 Hours HRCI General and SHRM-PDC Credit:
John started his career at Arthur Anderson after finishing his accounting degree at California State University, Northridge. As a young professional with a growing family, the Enron scandal forced John to seek more secure ground. He moved to a local firm where he began developing specialized expertise in auditing retirement plans. John struck out on his own in 2005 and building on a handful of clients merged his practice with CNM LLP in 2006. Starting Pension Assurance LLP in 2014, John has positioned himself over the years as a leader in the employee benefit plan audit industry.
John is a visionary who is always looking around the next corner. He is constantly working to realize those visions, striving to develop the team in order to provide the highest level of service and expertise to clients. At work, he derives the greatest satisfaction from the relationships he has with his colleagues, both as a partner and advisor to clients and a mentor to team members. He lives in Agoura Hills with his wife and four children. He loves the ocean and can often be found on early mornings or late nights surfing or diving for lobsters.