hunter001 Posted September 28, 2012 Posted September 28, 2012 I have a plan that transitioned to our company and in preparing the 2011 Form 5500 discovered that the prior preparer did not report the loan values as assets on the financial part of the form. I realize that the plan should be amended to include the loan values but how far back would you go. My thinking is to adjust the form to include the value on the 2011 reporting and make it right going forward. Any thoughts on this.
Bird Posted September 28, 2012 Posted September 28, 2012 I would fix it for the year I was reporting and going forward, as you suggest. Ed Snyder
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now