Creating an effective revenue cycle auditing and monitoring plan may require help from multiple departments. Revenue cycle leaders are paying closer attention to their auditing strategies as costs ...
The Internal Revenue Service, worried that tax cheating is on the rise, wants to bring back a version of the “super audits” that were so dreaded and controversial that they were all but eliminated by ...
Understanding when and what type of a 401(k) audit is needed — and what that audit will entail — can help keep a company’s plan in compliance with IRS and Department of Labor requirements. Start by ...
To increase protections for the estimated $9.3 trillion in American retirement assets, the Department of Labor (DOL) has begun a new cybersecurity audit initiative for retirement plans. After ...
The American Institute of CPAs' Auditing Standards Board posted a work plan for 2026 through 2027 and a five-year strategic ...
Opinions expressed by Entrepreneur contributors are their own. Employee benefit plans are, by their very nature, decentralized. There are aspects of the plan that are likely to be outsourced to ...
On May 21, 2025, CMS announced that it plans to increase its auditing efforts for Medicare Advantage (MA) plans. Effective immediately, CMS will audit all eligible MA contracts for each payment year ...
Labor Department leadership says the update is designed to expand retirement plans’ access to highly qualified auditors and audit firms. The U.S. Department of Labor has issued new guidance for ...
The American Institute of CPAs’ Auditing Standards Board proposed a strategic plan Friday that will guide the ASB’s work over the next three years. Initiative A: Develop high-quality standards in the ...
The CMS will crack down on overpayments to Medicare Advantage plans, moving to significantly expand its capacity to audit whether insurers are inflating their enrollees’ illnesses, the agency said ...
One of internal audit's values is to tell management when the controls to manage risks and assure opportunities aren't working. Internal audit should have a plan for the work it will do, and by now we ...