An audit is the most comprehensive examination of company’s financial statements. The primary objective of each audit is to express an opinion on the fair presentation of a client’s financial position and operational results. Company owners need financial data they can rely on to run their businesses successfully. We perform financial, compliance and employee benefit plan audits for variety of industries. Our audit approach is based on thorough understanding of our clients’ businesses and industries. Our audit involves detail analysis of company’s financial data and testing of company’s internal controls. Our audit processes help our clients increase efficiency by assessing risk properly, implementing proper controls to mitigate the risk and using latest auditing techniques to streamline the process. After carefully evaluating and testing key controls, we communicate any significant deficiencies or material weaknesses to the audit and provide recommendation to reduce the risk of fraudulent activities.

 

We are committed to perform quality engagements. Our audit team comprised of Certified Public Accountants, Certified Fraud Examiners, Chartered Accountants, professionals with specialized knowledge and highly committed staff. We provide regular trainings to our audit professionals to be concurrent with the new laws and regulations.

 

We offer latest technical solutions, competent professionals and variety of assurance services to add value to your business.

 

Employee Benefit Plan Audit

Benefit plan compliance has becoming increasingly complex every year. PVSS provides expertise required to meet the complexity and manage reporting requirements of benefit plan compliance. We are one of the few back office support firms with a focused practice area specialty in employee benefit plan (EBP) audits and Employee Retirement Income Security Act (ERISA) compliance. Our professionals are experienced in performing employee benefit plan audits and required to attend annual training. Our audit partner attends the annual AICPA plan audit conference to meet the technical demands of the audits.  We perform large number of employee benefit plan audits annually for the clients with employees ranging from 50 to 2500.

 

Employee benefit plans must comply with unique, complex, and ever-changing landscape of requirements. We have necessary resources, technical expertise, dedicated individuals and competent management to ensure audits are designed performed and completed with highest level of quality.

 

We perform various types of plan audits. Our experience includes:

1. Defined Benefit Plans

2. Defined Contribution Plans

3. Health and Welfare Benefit Plans

4. Profit Sharing Plans

5. Voluntary Employees’ Beneficiary Associations (VEBA)

6. 401(K) Plans

7. 403(b) Plans

8. 401(a) Plans