Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Plan Compliance Analyst (Administrator)


RPA logo

Education Consultant

(Remote / Putnam Valley NY)

Pentegra logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

<< Previous news item   |   Next news item >>

DOL Notice on Tips for Selecting and Monitoring an ERISA Plan Auditor Alarms Recipients: Fear Not!
Davis Wright Tremaine LLPLink to more items from this source
Dec. 2, 2015

"The recent notice sent to Plan Administrators, providing tips for selecting and monitoring plan auditors ... encourages, but does not require, Plan Administrators to consider the following factors in selecting an auditor: [1] The number of employee benefit plans the CPA audits each year, including the types of plans; [2] The extent of specific annual training the CPA receives in auditing plans; [3] The status of the CPA's license with the applicable state board of accountancy; [4] Whether the CPA has been the subject of any prior DOL findings or referrals, or has been referred to a state board of accountancy or the American Institute of CPA's for investigation; and [5] Whether or not the CPA's employee benefit plan audit work has recently been peer reviewed by another CPA and, if so, whether the review resulted in negative findings."

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2022, Inc.