How Nonprofits Can Avoid Becoming Fraud Victims
Fraud can occur almost anywhere people and money interact. Although the for-profit business world bears the brunt of fraud losses, occupational theft can rob not-for-profit organizations, too.
Employers who want to recruit and retain the most talented employees gain a competitive advantage by offering a comprehensive benefits package, including high-quality medical insurance, pension plans, and profit-sharing arrangements. Yet requirements by the U.S. and New York State Departments of Labor, the IRS, and other regulatory bodies can be complex and confusing. The consequences for noncompliance can result in unforeseen penalties and unexpected repercussions.
Lumsden McCormick can remove the complexity of managing your company’s employee benefit plans.
Our employee benefits practice team provides employee benefit plan audits, tax reporting, and consulting services to employers both large and small with a variety of single and multi-employer benefit plans.
We are members of the American Institute of Certified Public Accountants’ Employee Benefit Plan Audit Quality Center. Membership requires compliance with stringent continuing education requirements and provides a network of valuable resources and industry tools.
Audit and assurance services:
For more information about employee benefit plan audit services from Lumsden McCormick, please contact the Lumsden McCormick service leaders or complete the form below.
View the slide deck from the Lumsden McCormick 25th Annual Exempt Organizations Conference held on November 22, 2019.Learn More