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Assurance Archives | Delap CPA

07 Nov

Employee Benefit Plan Guide for Plan Administrators – Part 2: Common Contribution Considerations

November 7, 2018 | By | No Comments

Have you ever wondered what the auditors of your employee benefit plan (EBP) are doing all day?  We’re about to let you in on a little secret! Operating an EBP requires a variety of significant processes. One such process includes ensuring the Employer applies all contributions on a timely basis. In addition, verifying each participant […]

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06 Nov

Employee Benefit Plan Guide for Plan Administrators – Part 1: Eradicating Eligibility Errors

November 6, 2018 | By | No Comments

Our team at Delap audits 50+ employee benefit plans (EBP) each year. When it comes to EBP compliance issues, we’ve seen it all. Participant eligibility is one of the top 3 operational violations we see. What type of participant eligibility issues do we see? The most common violations related to the Plan not operating in […]

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09 Mar

Verify Before You Trust: Implementing A Validation Policy For Your Company

It’s that time of year again; fraudsters are out in droves looking for ways to obtain data about you and your employees in order to cash in on filing fraudulent tax returns! So what are a few steps you can take as an employer to reduce the risk of unknowingly providing fraudsters with the very […]

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24 Mar

RFID Security – Have You Left Your Doors Open? Part Three: How to Avoid an Attack

March 24, 2016 | By | No Comments

How should organizations be mitigating these significant risks to their environments? For one, the notion that having RFID physical access control systems guarantee that they are secure needs to be abolished. It is far too often forgotten that there are no “silver bullets” in security and RFID security is a perfect example. Organizations need to […]

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06 Aug

Keeping Up With GAAP – Inventory Measurement

August 6, 2015 | By | No Comments

For as long as we can remember, well – for most of us, generally accepted accounting principles (GAAP) requires inventory to be recorded at cost and subsequently measured at the lower of cost OR market. Sounds easy, but market could mean replacement cost, net realizable value, or net realizable value less an approximately normal profit […]

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