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 March 27, 2023

Current Benefit Plan and Audit Related News and Updates

Friday, December, 05, 2014 / Published in Employee Benefit Plans

AICPA EBPAQC Plan Advisory – The Importance of Hiring a Quality Auditor to Perform Your Benefit Plan Audit

AICPA QC

The AICPA Employee Benefit Plan Audit Quality Center just released its sixth Plan Advisory, EBPAQC-Importance-of-Hiring-Plan-Advisory, which is intended to provide plan sponsors, plan administrators, and trustees with an understanding of the importance of hiring a quality auditor to perform their employee benefit plan financial statement audit, and information to help them select a quality auditor. The advisory describes why a financial statement audit is important; consequences if a quality audit is not performed; consideration of auditor qualifications; the proposal process, including the request for proposal, proposal evaluation, and auditor selection; and documenting the agreement. To learn more, please click on the attachment.

Tagged under: Audit Quality

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Torrillo & Associates, LLC specializes in employee benefit plan audits, 401k audits, 403b audits, pension plan audits, and retirement plan audits. We are licensed in 7 states including New York, New Jersey, and Pennsylvania.  With firm mobility, we are also able to practice in an additional 27 states.

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Glen Mills, PA 19342

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