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The Aftermath of DOL's Assessment on the Quality of Financial Statement Audits
Belfint Lyons & Shuman, CPAs Link to more items from this source
May 2, 2017

"6,806 of the 7,330 firms (93% of the audit firms) that audit retirement plans audit fewer than 25 plans. If your auditor falls in these categories, there is approximately a 70% chance that your plan audit is in some way deficient.... The question becomes how does a plan sponsor find an auditor that provides the most value for every unsatisfying audit dollar expended?"

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