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Employee Benefit Plan Audit Quality Center

McGladrey & Pullen, LLP is a member of the American Institute of Certified Public Accountants Employee Benefit Plan Audit Quality Center. This is a firm-based voluntary membership center for eligible CPA firms that agree to adhere to the center membership requirements, which include:

  • Designating an audit partner to have firm-wide responsibility for the quality of the firm's ERISA employee benefit plan audit practice.
  • Establishing a program to ensure that all ERISA employee benefit plan audit engagement personnel possess current knowledge, appropriate to their level of involvement in the engagement, of applicable professional standards, rules and regulations for ERISA employee benefit plan audits.
  • Establishing, documenting and communicating policies and procedures specific to the firm's ERISA employee benefit plan audit practice to comply with the applicable professional standards and center membership requirements.
  • Establishing annual internal inspection procedures that include a review of the firm's ERISA employee benefit plan audit practice by individuals possessing current experience and knowledge of the accounting and auditing practices specific to ERISA employee benefit plan audits.
  • Having its ERISA employee benefit plan audits selected during the firm's peer review reviewed by individuals employed by a center member firm.

More information about the center is available at http://ebpaqc.aicpa.org/.


 

RSM McGladrey Inc. and McGladrey & Pullen LLP have an alternative practice structure. Though separate and independent legal entities, the two firms work together to serve clients' business needs.