Ask the Auditor

June 2008
Employee Benefit News;Jun2008, Vol. 22 Issue 8, p9
The article discusses the impact of third-party administrator (TPA) software on regulatory compliance audits in the U.S. It is noted that information systems used in the benefits industry have changed although the most significant is that auditors are more focused on auditing these applications and their supporting systems. A requirement of TPA health care software is limited access by authorized individuals within a TPA organization.


Related Articles

  • Health cost analysis company forms. McLean, Mike // Journal of Business (10756124);10/24/2013, Vol. 28 Issue 22, pB1 

    The article reports that two Spokane, Washington entrepreneurs Ryan Fix and Jim Schlosser are launching Arevo Health, a cloud computing-based software startup to track corporate health care efficiency. It mentions that Arevo's software platform is in its final stage of development and is being...

  • assurance news.  // Accounting Today;Jul2015, Vol. 29 Issue 7, p16 

    This section offers news briefs as of July 2015 including the Staff Consultation Paper "The Auditor's Use of the Work Specialists" from the Public Company Accounting Oversight Board and the report "Assessing the Quality of Employee Benefit Plan Audits" by the U.S. Labor Department.

  • A FIELD THAT PAYS.  // Crain's Cleveland Business;3/30/2015, Vol. 36 Issue 13, p0013 

    The article reports on the increase in median incomes and bonuses received by certified public accountants and auditors in the U.S. from 2010-2012.

  • public plan.  // Benefits Magazine;Mar2013, Vol. 50 Issue 3, p51 

    This section offers news briefs related to public benefit plans in the U.S. as of March 2013. The Internal Revenue Service has proposed regulations on longevity annuities to allow participants make a portion of assets payable as an annuity. The process of preparing for a 403(b) plan audit is...

  • Independent contractor or employee? IRS launches new audit blitz.  // HR Specialist: Employment Law;Jan2010, Vol. 40 Issue 1, p7 

    The article reports on the launch of the National Research Program (NRP) audits by the U.S. Internal Revenue Service (IRS). It says that the audits aim to end the misclassification of employees as independent contractors. It reveals that employers' misclassification of employees exempt them from...

  • DOL moves to take EBP audit standards setting from AICPA. GAETANO, CHRIS; LUTOLF, COLLEEN // Trusted Professional;Jul2015, Vol. 18 Issue 7, p1 

    The article focuses on the U.S. Department of Labor's (DOL) call for federal legislation that allows the U.S. Secretary of Labor to establish standards for employee benefit plan (EBP) audits and requires additional education for accountants who perform EBP audits.

  • Dependent audits surge as employers look for cost-cutting alternatives. KOSTER, KATHLEEN // Employee Benefit News;Aug2009, Vol. 23 Issue 10, p17 

    The article focuses on dependent eligibility audits as a means for employers to eliminate excessive health plan costs. A research by MBI audit services found that employers that conduct such audits generally realize 3 to 12 percent of covered dependents are not eligible for their plan. The...

  • Seeking the gold standard. Carideo, Anthony T. // Ebn.benefitsnews.com;3/1/2012, p1 

    The article offers tips for employers in benefit plan auditing in the U.S. including the scope of Statement on Standards for Attestation Engagements (SSAE) No. 16 reporting, common deficiencies to be addressed in the audit and awareness in changes of benefit plans.

  • Dependent eligibility audits growing in popularity to cut excessive costs. Otto, Nick // Ebn.benefitsnews.com;10/6/2014, p7 

    The article discusses the increasing use of dependent eligibility audits to address excessive care costs of employers in the U.S. Topics covered include the efforts of employers to cut health care costs as well as the impact of audits on employers' health savings. Also mentioned is the...


Read the Article


Sign out of this library

Other Topics