Limited Scope Audits

In addition to full-scope retirement plan audits, TWHC also performs limited scope audits, as allowed in specific circumstances by the Employee Retirement Income Security Act (ERISA).

In a limited scope audit, certified investments that meet qualifying standards are not reviewed or tested. Instead, the auditors rely on investment information that has been certified by other institutions. As a result, the auditor cannot provide an unqualified opinion on the plan’s financial statements as they would in a full-scope audit, and instead provides a Disclaimer of Opinion.

TWHC’s proven expertise in employee benefit plan auditing means we provide quality reports that help our limited scope audit clients stay in compliance with all ERISA requirements.

Contact Us Today