Counting on Calibre
·S1 E14
Why Payroll Compliance Audits Matter in Multi-Employer Benefit Plan Audits
Episode Description
Felicia Smith and Mary Margaret Prange discuss why payroll compliance audits are a must perform process for a multi-employer benefit plan. They walk through why and how auditors rely on them to evaluate completeness of employer contributions during financial statement audits of multi-employer benefit plans, how the audit periods can vary, and why the results are essential as part of the overall financial statement audit process.