2009 The Auditor's Perspective on Best Practices for Plan Fiduciaries Download Form
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About the Whitepaper:The Auditor's Perspective on Best Practices for Plan Fiduciaries
In the wake of a number of high-profile fraudulent investments scandals affecting labor union investment funds, the protection of assets has reached a critical point. As labor union trustees oversee their investment plans and follow the activities of outside investment advisers, consultation with an auditor offers insight into best practices and control methods to safeguard these assets.
While auditors are not investment experts, the vast amount of experience garnered from servicing a variety of plans allows an auditor to provide valued insights for reviewing and instituting best practices for investment due diligence. In this whitepaper, Mitchell & Titus Partners, Irene R. Davis and Darrell K.B. Giles provide labor union plan trustees an overview of best practices necessary for mitigating investment risk, preventing fraud and complying with regulatory and ERISA requirements.
Mitchell & Titus is a regional accounting firm providing assurance, tax, transaction support and advisory services. Notably, it audits over 200 employee benefit plans annually.
We believe that every client has a unique set of circumstances that require a tailored approach. Please contact us to learn how we can be of service to you.
