"Many preparers and auditors are working from home and unable to go to the office to handle or review documents. The economic fallout from the pandemic has led to cash flow problems for plan sponsors resulting in layoffs of employees and even bankruptcy proceedings. Meanwhile, the [CARES Act] has led to changes that affect plans, including penalty-free withdrawals and delays of sponsors' deadlines to make contributions for 2019. Here are some things to keep in mind related to employee benefit plan financial statements amid the pandemic."

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