Tipping the scales from Detection to Prevention.
In almost two decades of auditing qualified retirement plans, we have found that the increasing complexity of ERISA makes it nearly impossible for plan operations to run flawlessly. Even the most conscientious plan administrators make errors or omissions that can require costly corrections.
The purpose of our blog is to create an awareness of common pitfalls that can be prevented and to provide a database of answers to common questions. Additionally, we will provide updates on new legislative guidance affecting financial statement presentation and disclosures to help our clients better prepare to service audit requests accurately and efficiently. Finally, we will keep you updated on any new Form 5500 filing requirements or changes in the electronic filing procedures.
The BL&S retirement plan audit group has developed a wealth of knowledge regarding best practices that we are eager to share with our clients and colleagues.
We hope you visit our blog frequently.