Read About - Is Your Plan Effective in Retirement Planning for Employees?August 2, 2022
At a Glance
Main Takeaway
As a plan sponsor, ensuring your company's retirement plan is effective for employees is essential
Read More »
Read About - What Retirement Plan Fiduciaries Can Do to Prevent LawsuitsMay 17, 2022
At a Glance
Main Takeaway
If you act as a retirement plan fiduciary, you must take steps to protect yourself from potential litigation
Read More »
Read About - SAS 136 and Preconditions for an ERISA Section 103(a)(3)(C) AuditMarch 1, 2022
The American Institute of Certified Public Accountants (AICPA) Auditing Standards Board has issued a Statement on Auditing Standards (SAS) 136, "Forming an Opinion and Reporting on Financial Statements of Employee Benefit Plans Subject to ERISA" (codified as AICPA, Professional Standards, AU-C 703), with new audit requirements for employee benefit plans
Read More »
Read About - Cybersecurity Requests in DOL AuditsMarch 1, 2022
DOL investigators are increasingly questioning plan sponsors, fiduciaries, and service providers about how their ERISA-governed plans manage cybersecurity threats
Read More »
Read About - Employee Benefit Plan Audit: What It Is & Why Is It Important?January 5, 2022
What is an employee benefit plan (EBP) audit, and how can it help businesses
Read More »
Read About - December 2021 Audit & Assurance NewsletterNovember 30, 2021
FASB declines to extend nonpublic lease accounting effective date Private companies and not-for-profits will not see further relief from the effective date of FASB's new lease accounting standard after the board recently voted unanimously to reject a request for a two-year extension that was submitted by the Pennsylvania Institute of…
Read More »
Read About - WEBINAR | Five Do’s and Don’ts for Retirement Plan FiduciariesNovember 5, 2021
https://windes.wistia.com/medias/izl99qhu3h?embedType=async&videoFoam=true&videoWidth=640 In this informative webinar, retirement plan fiduciaries get a contemporary look at five important plan do’s and don’ts to be aware of. Rick Unser, Workplace Retirement Plan Consultant with Lockton Retirement Services, host of the 401(k) Fridays podcast and a Forbes contributor, provides his unique perspective on topics spanning…
Read More »
Read About - October 2021 Audit & Assurance NewsletterOctober 6, 2021
FASB alters accounting for certain leases with variable lease payments FASB recently issued a standard that is designed to improve the board’s lease accounting rules related to a lessor’s accounting for certain leases with variable lease payments. read more Journal of Accountancy FASB proposal addresses fair value and equity security…
Read More »
Read About - 2020 Plan Year DOL Audit Quality AssessmentSeptember 27, 2021
The DOL Employee Benefits Security Administration (EBSA) Office of the Chief Accountant (OCA) is preparing to conduct a quality assessment to analyze the audit work performed by independent qualified public accountants (IQPAs or auditors)
Read More »