ERISA employee benefit plan audits require specialized knowledge and can be complex. Further, they may be subject to review by the DOL’s Office of Chief Accountant in addition to being a “must select” in a firm’s peer reviews. Auditors should carefully consider whether the firm and staff have the experience, training, and expertise to perform a quality ERISA plan audit.
The AICPA Employee Benefit Plan Audit Quality Center (EBPAQC) has prepared this non-authoritative document to assist plan auditors in the