New Rules for Limited Scope Audits

New Rules for Limited Scope Audits

The American Institute of Certified Public Accountants has introduced new rules governing audits of ERISA plans. The rules were originally published in July 2019 in a document titled “Forming an Opinion and Reporting on Financial Statements of Employee Benefit Plans...
What Your 401(k) Audit Will Cost You

What Your 401(k) Audit Will Cost You

The 401(k) audit is required by law for any business that has over 100 eligible employees. The federal government did not postpone the filing deadline as part of its COVID relief efforts, and so, this is one requirement that you cannot skirt. Reducing expenses has...