Accounting
Accounting

The Effect of SSAE 16 on Your 401k Plan Audit

As of June 15, 2011, SSAE 16 replaces the SAS 70 as the U.S. standard for reporting on a service provider’s internal controls. What effect will this have on future 401k plan audits? Will your plan’s service providers be prepared for the new reporting requirements? What can you do now to get prepared? A GCS 401k audit specialist can help you sort throught these and other questions. Feel free to contact us.