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Nov 19, 2015

Recent Communication Concerning Employee Benefit Plan Audits from the U.S. DOL

Featuring Adam Reiss, Soula Tsambiras

A letter was recently sent to plan administrators from the U.S. Department of Labor (“DOL”). The DOL’s intent for sending this communication is to provide plan administrators with a reminder of the importance of selecting a qualified audit firm to perform the annual audit of your plan’s financial statements. There is no need for you to be concerned as this is a best practices type of communication. No response to the DOL is required in connection with this communication.

Citrin Cooperman has a dedicated practice handling audits of over 100+ employee benefit plans and is a member of the AICPA Employee Benefit Plan Audit Quality Center. We can assist with all your plan’s compliance needs that may encompass handling the annual audit and addressing any issues that arise from the plan’s operations. If you have any questions, feel free to contact one of the partners in our employee benefit plans practice area.

Please click here to read the DOL's message.