Hitting the First Year Audit Requirement: What You Need to Know
Hearing that your retirement plan needs an audit can feel overwhelming and may leave you asking questions: Why do we need an audit? Will this be an annual requirement? How do we choose the right auditor? Let’s break it down. … Read more…
ERISA Covered Employee Benefit Plans Audit Quality
The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) has completed an assessment of the quality of audit work performed by CPAs with respect to financial statement audits of employee benefit plans covered under the Employee Retirement Income Security … Read more…
Remote Retirement Plan Audits
The business landscape continues to evolve rapidly. Regulations shift, technology evolves, and companies adapt, but one constant remains for many companies: the requirement to have an annual retirement plan audit performed by an independent CPA firm. At Jones & Roth, … Read more…
Finding the Right Audit Firm for your ESOP
There are over 70,000 retirement plans audited in the US by CPA firms every year. The vast majority of these take the form of the traditional 401(k) plan, and over 3,500 audit firms in the US perform these audits. A … Read more…
The Importance of Hiring a Quality Employee Benefit Plan Auditor
When an organization moves from having a small retirement plan to a large one, the Employee Retirement Income Security Act (ERISA) generally requires a retirement plan with 100 or more participants to have an audit of their plan performed by … Read more…
