Employee Benefit Plan audits have been a focus of the Department of Labor (DOL) and the American Institute of CPAs (AICPA) in recent years, as both organizations look to ensure that quality audits of employee benefit plans are being conducted to protect the best interests of plan beneficiaries.
Johnson Lambert takes our EBP audit services very seriously; we care about the best interests of plan beneficiaries, and we enjoy partnering with plan administrators to ease the burden of the audit and tax compliance process.
In addition to our high-quality standards for our audits, we are a member of the AICPA Employee Benefit Plan Audit Quality Center, a membership organization for firms that perform ERISA employee benefit plan audits. The Center promotes the quality of EBP audits through the sharing of resources with member firms.
We have had recent representation on the Center’s Executive Committee as well as the AICPA Employee Benefit Plans Expert Panel. Some of our employee benefit plan audit professionals have earned the AICPA’s Advanced Defined Contribution Plans Audit Certificate and Advanced Defined Benefit Plans Audit Certificate.
Through our active involvement in the Center and the industry as a whole, we bring our clients and employees knowledge of emerging issues that impact plans.