What Will New Audit Standards Mean for ERISA Plan Sponsors?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Tag: retirement plan financial audits
New Financial Audit Rule Increases Requirements for Plan Sponsors
Plan sponsors will be required to provide much more data, as well as certifications about plan administration and governance, and...
How This Year’s Plan Financial Audit Could Be Different
Auditors might be reviewing more transactions and processes, and they’ll need more time to handle audits remotely.
Finding the Right Plan Auditor
While implementing a request for proposals (RFP) isn’t necessary for every plan, issuing one can be a crucial step in...
Auditors’ View of Plan Management
Auditors share common errors they find when doing retirement plan financial audits and what they recommend for plan sponsor processes.
Retirement Plan Financial Audit Processes Are Evolving
New processes and systems can cut costs for plan sponsors, streamline the work and allow for any discrepancies to be...
Tips to Reduce Participant Count to Avoid Financial Audit Requirement
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.
Engaging With Plan Auditors Can Improve Plan Operations and Governance
In testimony to the ERISA Advisory Council, James Haubrock, with the American Institute of Certified Public Accountants (AICPA), explained how...
What to Know About Financial Audits Filed with Form 5500s
Plan sponsors required to file a financial audit along with their Form 5500 should know how regulators use the information...
Changes to ERISA Plan Annual Financial Audits Approved
Proposed in April 2017, the Statement on Auditing Standards addresses the auditor’s responsibilities to form an opinion and report on...