Change of accounting method

[Guest Sieve]

If a change from accrual to cash method of accounting is desired for the Form 5500, is it necessary to file IRS Form 3115 to obtain IRS approval to make the change?

[Bird]

I vote no. I believe that form is just for income tax return filings.

[Andy the Actuary]

Here's an earlier thread that may prove useful. I would presume you would add any clarifying attachment as a pdf to the glop that is being filed electroncially.

http://benefitslink.com/boards/index.php?showtopic=10750