How Layoffs Will Affect Your 401(k) Audit

How Layoffs Will Affect Your 401(k) Audit

The COVID-19 pandemic has forced many businesses to furlough or lay off employees. If your business has had recent layoffs, you should understand how that may affect your 401(k) audit. Knowing what to expect and having a plan in place will prevent your business from further financial issues during these difficult economic times. How Layoffs May Impact Your Audit Your 401(k) CPA will consider any major changes with your plan participants when conducting your audit. […]