▲ 1 r/auditing
EBP audit process
I work on the retirement plan side and I’m trying to get an idea on the EBP audit workflow from the auditor/TPA/plan sponsor side. Some of my conversations made things sound very cumbersome and manual for 401(k), 403(b), or employee benefit plan audits.
What is your process for:
\-census data cleanup
\-plan document review
\-contribution testing support
\-loan/distribution samples
\-SOC/certification review
\-missing client evidence
\-workpaper prep
\-recordkeeper/TPA file messiness
Also has anyone used tools like Autire or general AI, and do they actually speed things up?
u/Honest-Web-7077 — 5 days ago