Ensuring Compliance and Fiduciary Responsibility: The Role of Employee Benefit Plan Audits

Ensuring Compliance and Fiduciary Responsibility: The Role of Employee Benefit Plan Audits

Employee benefit plan audits play a crucial role in ensuring compliance and fiduciary responsibility within organizations. These audits are designed to assess the financial statements, internal controls, and regulatory compliance of employee benefit plans. To further understand employee benefit plans, we will discuss compliance regulations and the role of employee benefit plan audits.