As the laws governing employee benefit plans continue to evolve, common wisdom dictates that government agency audits will continue to grow in numbers to ensure compliance. All too often plan sponsors are caught off guard and are inadequately prepared for an audit. Being ill-prepared for a government agency audit will almost certainly ensure that you will not be operating in the most economical and efficient manner. This program will explore in-depth what is involved in government agency audits, and how to be best prepared when the IRS or DOL starts the audit process, as well as what the latest "hot button" issues are. You will gain insight into how IRS and DOL audits work, what triggers them, what the agencies are looking for, and what best practices should be undertaken to minimize paperwork and eliminate administrative costs related to audits.
This program will address: