The Importance of Internal Controls in Financial Reporting and Safeguarding Plan Assets 


    Effective controls reduce the risk of asset loss and help ensure that plan information is complete and accurate, financial statements are reliable, and that the plan complies with laws and regulations.

    The AICPA Employee Benefit Plan Audit Quality Center has prepared the Plan Advisory, The Importance of Internal Controls in Financial Reporting and Safeguarding Plan Assets, to assist plan administrators in understanding their responsibilities for establishing, maintaining, and monitoring internal controls at their plans.

    The Importance of Internal Controls in Financial Reporting and Safeguarding Plan Assets
    This is a low resolution version of the document and can be printed directly to a desktop printer. 

    Sample Client Transmittal Letter for Internal Control Plan Advisory
    This document may be used by plan auditors for transmitting the Plan Advisory to their employee benefit audit clients.

    Instructions for Printing the Plan Advisory 
    Use these specifications when printing the Plan Advisory in booklet format.




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