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Posted

Among other items, the IRS is asking for the actuarial reports for succeeding year, year under examination and preceeding 4 years - that's six valuations and takes the audit well beyond the "last 3 years" from the audit letter date!?

I have not seen this before. Is this new and it in the audit guidlines?

Where can I download the audit guidelines from?

Posted

Maybe this will help: http://www.irs.gov/irm/part4/

Scroll down to 4.71

I wonder exactly what the request means; to the IRS, the Schedule B is the actuarial report.

I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.

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