Employee benefit plan audits involve numerous moving parts that extend well beyond meeting filing deadlines, requiring coordinated efforts among HR, ...

How to Build an Audit Plan. An audit is the highest level of assurance a CPA firm can provide that the financial statements follow the generally accepted accounting principles (GAAP), or some ...

Audit Plan. The Case Western Reserve’s Board of Trustees and management place assets at risk to achieve established priorities and goals. A key function of the Office of Internal Audit Services is to ...

The initial deadline to complete an audit for Form 5500 Annual Return/Report of Employee Benefit Plan is quickly approaching on July 31, 2024, for companies that have calendar year plans.

Specifically, with SECURE 2.0, a plan only requires an audit if it has over 120 account balances (initial audits) or 100 account balances (reoccurring audits).

Five Essential CEO-CHRO Questions for 2025 Avoid Compliance Pitfalls: 5 Employee Benefit Plan Audit Questions CEOs Need to Ask CHROs CEOs should work closely with CHROs to optimize the process ...

The county’s internal auditor reported that in a sampling of contracts and expenditures paid for with American Rescue Plan Act dollars, Orange County had complied with all federal monitoring ...

The extended deadline to complete an audit for Form 5500, "Annual Return/Report of Employee Benefit Plan" is Oct. 16, 2023, for employers that successfully filed a Form 5558, "Application for ...