The Investment Policy Audit

Article An Investment Policy Statement (“IPS”) can provide a vital map to the continuing success of a retirement plan qualified under the Employee Retirement Income Security Act (“ERISA”). An IPS sets the parameters for how the plan undertakes...

CPAs Shift Audit Risk to Plan Fiduciaries

The U.S. Department of Labor’s enforcement arm, the Employee Benefits Security Administration (“EBSA”) periodically examines the quality of audits performed by independent CPAs. During its most recent review, the EBSA uncovered significant shortcomings in auditing...
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