EBP auditors are increasingly being asked by recordkeepers, third-party administrators TPAs, and other service organizations to sign nondisclosure agreements NDAs or other agreements that could, if adhered to, cause the auditor to violate professional standards, laws, or regulations and may place the auditor at risk if auditors agree to provisions with which they are unable to comply.
The EBPAQC Executive Committee has issued a letter to EBP auditors to highlight the possible risks and requirements they need to be aware