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!
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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