Benefits, such as pension and healthcare/OPEB plans, are a critical component of human capital. However, they come with complex financial requirements and significant scrutiny. We’ll provide you with the best of both worlds through our governmental and benefit plan expertise. Our clients benefit from our significant experience working with public retirement systems and highly expert GASB technical knowledge, combined with the investment auditing experience of the sixth largest benefit plan auditor in the United States.
We’ve developed a unique audit approach with tailored processes based on our strong understanding of these plans and associated risks. We understand your plan, your needs, and the auditing challenges, particularly under the new GASB pension and OPEB standards. We’re well-versed in the unique considerations applicable to all types of plans, including single employer, cost-sharing multiple employer, and agent plans. Our experience auditing very large retirement systems with significant hard-to-value investments brings us the breadth and depth of knowledge with these complex holdings; chances are we’ve seen investments similar to yours before, and we know how to audit them. Our team of retirement system specialists will help you take a proactive approach to minimizing risk, improving processes and internal controls, and can work with you to identify and address cybersecurity vulnerabilities.
We’re a founding member of the AICPA Government Audit Quality Center; two of our partners have served on the Executive Committee. We’re also a member of the AICPA's Employee Benefit Plan Audit Quality Center. Voluntary membership in these AICPA quality centers demonstrates our commitment to audit quality and holds us to a higher level of scrutiny than non-member accounting firms.