Employee Benefits Plans: The Audit of the Future

Join Joseph Farrenkopf, Partner, PKF O’Connor Davies and Tom Small, Financial Advisor of Raymond James as they cover the most important topics for today’s audits of retirement benefit plans along with what the future may hold.

Learning Objectives:

Department of Labor audits are usually not random and can be sprung on a company with hardly any notice. Participant complaints, curious Form 5500 figures and improper auditing reports are leading indicators for the DOL to come knocking on your door. This is why auditors are expanding the scope and breadth of their route annual audits. Join this session to learn how best to prepare for your annual audits and learn how to address an IRS/DOL audit if the time comes.

• Outline best practices for managing retirement plan audits
• Learn about current cybersecurity risks and ways to mitigate
• Understand the importance of SOC 1 reporting
• Discuss current priorities of the Department of Labor