Employee Benefit Plan Audits and Agreed Upon Procedures program
At Richey May, we understand the role your employee benefit plan plays in the overall success of your business. You also have a fiduciary responsibility to your participants to manage risk and protect their retirement assets. Typically for those plans with 100 or more participants, a quality audit conducted by a qualified independent public accountant is not only required, but essential to ensure the overall financial integrity of your plan.
As quoted in the AICPA’s Audit Quality Center, “the higher the quality of a plan’s financial statement audit, the more reliable the information used to manage and administer the plan.” Audits performed by our Employee Benefit Plan team are backed by years of experience and a thorough knowledge of the regulatory environment. We currently audit over 50 employee benefit plans throughout the country, and have established a solid reputation within the industry for delivering value to our clients through our expertise while maintaining competitive fees.