Retirement Plan Audits Archive
Six Things to Know Before Your First Retirement Plan Audit
Written by Michael Besterci, CPA, QKA Facing a 401(k)—or any employee benefit plan (EBP)—audit for the first time can feel like a… Read More
SAS No. 136: New Auditing Standard for Employee Benefit Plans
In July 2019, the AICPA’s Audit Standards Board issued Statement on Auditing Standards (SAS) No. 136, Forming an Opinion and Repor… Read More
Proposed Changes to Employee Benefit Plan Annual Reporting
Under the Employee Retirement Income Security Act (ERISA) and the Internal Revenue Code (IRC), private-sector retirement and welfa… Read More
Reporting Changes on the Horizon for Retirement Plans
By Shelly Archuleta, CPA Changes to Financial Reporting for Benefit Plans FASB Accounting Standards Update ASU 2015-07 and ASU 201… Read More
What are an Employer’s Fiduciary Responsibilities?
By Julie Eisenhauer, CPA A lawsuit was recently settled for $62 million in which the employees accused the employer of mismanaging… Read More
What Are an Employer’s Fiduciary Responsibilities Regarding Retirement Plans?
I recently read a couple of articles that caught my attention because they highlighted the important responsibility employers have… Read More
Retirement Plans and the Importance of Documentation
By Shelly Archuleta, CPA Over the last decade, an increasing number of plan sponsors and third-party administrators (record-keeper… Read More
Status update: IRS program for approving 403(b) plan documents
By Shawn Hansen, CPA Pre-Approved 403(b) Plans In a previous article, I provided readers with an overview of a new Internal Revenu… Read More
