EBP audits : don't let your guard down
By: Tysiac, Ken [author]
Language: English Publisher: 2018 In: Journal of Accountancy Vol. 232 Issue July(2018), pages 34 - 40Summary: The article offers tips on how auditors can conduct high-quality employee benefit plan (EBP) audits in the U.S. It states that an auditor should have the competence and technical qualifications to conduct the audit in accordance with professional standards. EBP auditors should not let their familiarity with the client influence the auditor's report. Auditors should also verify that financial statement preparers rightly describe the methodologies of valuation for all investments.| Item type | Current location | Home library | Call number | Status | Date due | Barcode | Item holds |
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The article offers tips on how auditors can conduct high-quality employee benefit plan (EBP) audits in the U.S. It states that an auditor should have the competence and technical qualifications to conduct the audit in accordance with professional standards. EBP auditors should not let their familiarity with the client influence the auditor's report. Auditors should also verify that financial statement preparers rightly describe the methodologies of valuation for all investments.
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