Employee Benefit Plan Audits

Organizations have many choices when establishing retirement plans for their employees. Selecting and administering benefit plans is often a complex process. KKB specializes in employee benefit plan audits assuring that our clients meet the government’s complex accounting rules and current standards for benefit plan financial reporting. KKB’s professionals stay current with the rapidly changing requirements and receive ongoing, in-depth training focused on professional standards and regulations to keep in step with the DOL, ERISA and IRS. KKB is a member of the AICPA Employee Benefit Plan Audit Quality Center.

KKB has a dedicated team focused on ensuring employee benefit plan audits are managed responsibly and accurately, in accordance with new and evolving legislation and understanding how these can impact reporting requirements. Our tailored approach to auditing allows us to build a streamlined employee benefit plan audit process.

Our approach to employee benefit plan audits is to offer tailored programs while working directly with your outside consultants and third-party administrators, investment advisors, and organization staff to provide a seamless transition for the various processes that comprise an employee benefit plan audit. Further, we utilize an educational approach based on our observations to help clients improve their internal controls associated with the payroll process and employee benefits. Results of relevant findings and insights are shared with appropriate management personnel.