For companies that provide employee benefit plans (EBP) for more than 100 individuals, the Department of Labor requires an EBP audit from an independent party. Not just any CPA can handle employee benefit plan audits due to the complexity involved, as well as the applicable standards that must be adhered to. We at Barmore Hammond have both the ability and experience to perform EBP audits correctly and in accordance with the Internal Revenue Code standards, the Generally Accepted Accounting Standards, and the Employee Retirement Income Security Act.
Barmore Hammond is committed to identifying and implementing innovative approaches and methods to perform and enhance a quality audit. Our firm has a long history of performing financial statement audits in accordance with the latest professional standards and is capable of undertaking complex and immense audit engagements.
The state of Georgia requires audited financial statements for governments, under Section 36-81-7 of the Official Code of Georgia and those governments failing to submit audited financial statements are prohibited from receiving state grants. Barmore Hammond has the expertise and experience to perform governmental audits in accordance with Generally Accepted Accounting Principles, Generally Accepted Government Auditing Standards, and Federal and State Regulations.