Employee Benefit PlansThe selection of an independent auditor is an important fiduciary responsibility of plan management, in addition to the financial reporting coordination between multiple parties.An independent auditor presents a third-party opinion for the plan participants and management, Department of Labor, and other such privy parties to provide assurance that the plan is operating according to the obligations and objectives stated in the plan document. A financial statement audit:Satisfies a plan sponsor’s Form 5500 filingAssists in safeguarding a plan’s financial stabilityProvides financial information to participants and those charged with governance about the plan’s ability to pay benefitsHelps plan management in fulfilling and improving its legal obligations and plan operationsSpiegel Accountancy understands the complexities the administration of employee benefit plans brings, and we work diligently with our clients to help them meet past, present, and future plan compliance requirements. We have years of experience with and a progressive knowledge of employee benefit plan financial statement audits to help ensure our clients are confident and compliant in their employee benefit plan legal responsibilities.Our firm is a member of the AICPA Employee Benefit Plan Audit Quality Center. As such, we work to ensure our understanding of the latest quality control programs and inspection results. This one step, of many we take, ensures the highest level of quality in providing benefit plan services to our clients.