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Updates on Retirement Plans and the Use of a Limited Scope Audit

Fulcrum Partners. Executive Benefits News

Insights from SRP | Strategic Retirement Partners:   Change is Coming if Your Plan Uses a Limited Scope Audit The American Institute of Certified Public Accountants, Inc. (AICPA) issued a new statement in July changing the requirements for its members that perform retirement plan audits. Previously, if a large plan utilized the limited scope audit option, the auditor effectively could …