Benefit Plan Audit Services
Are you confident your plan is getting the audit service and technical expertise that you need? The Department of Labor (DOL) has been reviewing employee benefit plans and their related 5500 filings very closely in recent years. By engaging an accounting firm that specializes in employee benefit plan audits, the plan sponsor is mitigating its risks associated with any such DOL inquiries. Keep in mind; it is the plan sponsor’s fiduciary responsibility to engage an experienced and qualified accounting firm to perform its employee benefit plan audit. Non-compliance with regulations governing benefit plans can be costly to your company.
Quality
Vrakas/Blum, S.C. is a member of the American Institute of Certified Public Accountants' (AICPA) Employee Benefit Plan Audit Quality Center for CPA firms. The Center is a national community of CPA firms that demonstrate a commitment to employee benefit plan audit quality and raise awareness about the importance of employee benefit plan audits. The Center provides members with best practices, guidelines and tools CPAs need to perform quality benefit plan audits and better serve their clients.
We have extensive experience in auditing employee benefit plans and we are committed to our continuing education related to benefit plans. As part of this commitment, we attend the annual AICPA Employee Benefit Plan Conference and other training and internally provide all auditing staff personnel with employee benefit plan audit training.
Service Delivery
Vrakas/Blum is committed to quality and outstanding service. Our emphasis is to ensure your plan is being served by qualified professionals who can not only provide the compliance audit services that you require, but can also make recommendations and assist you in improving the plan. We accomplish this by having active involvement by experienced employee benefit plan auditors during all stages of the engagement.
At Vrakas/Blum, we use a standardized approach to efficiently address all the requirements. The result is an employee benefit plan audit performed timely and accurately.
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