"In addition to increased outreach to CPAs and enforcement of audit standards by the EBSA, the report ... recommends that [Congress] [1] amend the [ERISA] definition of 'qualified public accountant' to include additional requirements and qualifications necessary to ensure the quality of plan audits.... [2] repeal the ERISA limited-scope audit exemption and give the [DOL] the authority to define when a limited scope audit would be an acceptable substitute for a full audit.... [3] give the [DOL] authority to establish accounting principles and audit standards to protect the integrity of employee benefit plans and the benefit security of participants and beneficiaries."  MORE >>