Audits of benefit plans are more prevalent than ever.  Benefit plan audit quality is regulated by the Department of Labor (DOL).  The DOL has increased its oversight of benefit plan audits.  Therefore, it is increasingly important to select a firm with the experience and resources to conduct a proper audit of your plan.

The audit report for benefit plans must accompany the Form 5500. Supplemental schedules and very specific reporting guidelines are required by the Employee Retirement Income Security Act of 1974 (ERISA), DOL and Generally Accepted Accounting Principles (GAAP). These requirements make the area of pension audits very complex and often place them outside of standard audit services.

Greer & Walker has the unique experience required to efficiently and accurately perform audits of all types of plans. We are members in the recently formed AICPA Employee Benefit Plan Audit Quality Center, available only to those firms meeting requirements specific to employee benefit plans, specific policies and procedures for the employee benefit plan audit practice, internal inspection and continuing education.

Greer & Walker's team of professionals trained to handle such audits is directed by Mike McNamara, Partner. We are currently engaged by numerous plan administrators in a wide variety of industries. 

For more information about this service, please contact Mike at mmcnamara@gwllp.com or 704-377-0239, or Melissa Critcher at mcritcher@gwllp.com.