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Monday, March 30, 2015

Don't "Dabble" in Employee Benefit Plan Auditing

For years, U.S. Department of Labor Chief Accountant Ian Dingwall has been advising employee benefit plan administrators to avoid using auditors who "dabble" in employee benefit plans. During this period, the DOL has consistently found that approximately one third of the employee benefit plan audits the agency reviews are deficient , and points to the firms that perform fewer than five of these audits as the most common offenders.



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