A U.S. Department of Labor (DOL) report released earlier this month showed a need for improvement in audits of employee benefit plan financial statements. The report is the result of a study that ...

The Form 5500 is the information return that must be filed by most employee benefit plans subject to ERISA (unless an exception applies), and failure to file this annual return for a plan can result ...

After more than 10 years of sounding alarms about the dangers of having internal audit report administratively to the chief financial officer, I must grudgingly concede my warnings have fallen on deaf ...

A new report from CPA.com and the AICPA creates a snapshot of what a typical audit firm transformation looks like, based on feedback from 54 U.S. firms of various sizes and maturity levels. “By ...

The extended deadline to complete an audit for Form 5500, "Annual Return/Report of Employee Benefit Plan" is Oct. 16, 2023, for employers that successfully filed a Form 5558, "Application for ...

The Internal Revenue Service detailed its plans Thursday to significantly ramp up audit rates of wealthy taxpayers and large corporations, using funds provided by the Democrat-backed Inflation ...

The Tennessee Comptroller of the Treasury released a new financial and compliance audit report about Tennessee State University for the year ending June 30, 2024. While some findings from past audits ...

The Columbia City Council held a public hearing on the 2026 fiscal year capital improvement projects, which will be voted on September 15. An audit recommended consolidating the city's capital project ...

Monique Danao is a highly experienced journalist, editor, and copywriter with an extensive background in B2B SaaS technology. Her work has been published in Forbes Advisor, Decential, Canva, 99Designs ...

Audit Bureau President Radi Hamadin said the Bureau continues to carry out its oversight mandate with full independence and a high degree of professionalism, guided by the institutional values of ...