Linda Lauer, Co-Attest Practice Leader and Lead Managing Director for the Memphis Office, was recently featured in a Q & A article with the Memphis Business Journal. In the article, Linda provides valuable insight in regards to the recent employee benefit audit study performed by the Department of Labor (DOL).
Linda covers what companies should expect with these new findings, how employee benefit plan audits differ than typical financial audits, and what could happen if your firm is not in compliance.
"While it seems simple, the number-one thing companies should look for in their CPA firm is the experience the auditor has specifically with benefit plans,” Lauer stated. “The DOL study clearly substantiates that the more plans a firm audits, the fewer deficiencies are found.”
For questions regarding the study and/or the impact on your company, please contact Linda Lauer at firstname.lastname@example.org or 901-685-5575. To view the full Q & A with Linda, click the button below.