Update from Chief Accountant on plan audit related matters. What are their priorities this year; 5500 changes etc. What is on the horizon.
EBSA: Electronic communications, guidance on missing participants, increased focus on security risks as EBPs are increasingly attractive targets for cyber crime. The rise of State auto-IRAs. Other agenda items they are focusing on currently or are on the horizon. Cyber security guidance. DOL guidance includes tips for hiring a service provider, cybersecurity program best practices, and online security tips. How can auditors best prepare?