William Chozen

  Employee benefit plans are one of the most valuable assets a company provides to its workforce. Ensuring these plans are accurately managed and fully compliant with regulations is critical, not just for legal purposes, but for maintaining employee trust and preventing costly mistakes. This is where EBP audit services come in. A professional employee benefit plan audit helps businesses identify discrepancies, verify compliance, and streamline operations, ultimately safeguarding both the organization and its employees. What Are EBP Audit Services? EBP audit services are specialized audits focused exclusively on employee benefit plans. Unlike general financial audits, EBP audits assess: Accuracy of contributions and distributions Compliance with ERISA and Department of Labor (DOL) regulations Proper management of investments and fiduciary responsibilities Operational effectiveness and adherence to plan documents A thorough EBP audit ensures every aspect of your employee benefit p...

Small and medium-sized enterprises (SMEs) across the United States are constantly looking for strategic ways to grow, manage finances efficiently, and stay competitive. One of the most impactful decisions these businesses can make is leveraging professional financial leadership without the cost of hiring a full-time executive. This is where CFO services—especially those provided on an outsourced basis—come into play. Many SMEs are now turning to outsourced CFO services as a scalable, affordable, and strategic solution to guide their financial planning, compliance, and long-term growth. By doing so, they gain access to experienced financial leadership that can help steer them in the right direction, without the burden of maintaining an in-house CFO. Understanding the Role of CFO Services CFO services are more than just bookkeeping or financial reporting. They involve strategic financial planning, budgeting, forecasting, cash flow management, risk mitigation, and high-level advisory tail...

Running a successful business in the United States involves more than just selling products or offering quality services. Behind every financially sound company is a strategic mind guiding growth, managing risks, and ensuring regulatory compliance. This is where CFO Services become invaluable. Whether a company is scaling up, seeking investment, or simply needs tighter financial control, having access to expert financial leadership can be the key to unlocking long-term success. The Strategic Value of CFO Services A Chief Financial Officer does more than crunch numbers. They provide a clear financial strategy that aligns with a company's goals. With access to CFO Services , business owners gain insights into financial planning, budgeting, forecasting, and profitability analysis. These services support decision-making processes that drive growth, minimize waste, and optimize cash flow. For businesses in the U.S., especially small and mid-sized enterprises, this level of financial ove...

Running a business in the United States involves more than just balancing the books and hitting quarterly goals. If your company offers a retirement or health benefit plan and reaches a certain threshold of eligible participants, you're likely required to have that plan audited. Failing to comply with federal regulations can result in penalties and legal complications. That’s why understanding the importance of an employee benefit plan audit is essential for companies of all sizes that sponsor employee benefit plans. Understanding the Basics of an Employee Benefit Plan Audit An employee benefit plan audit is a specialized financial audit designed to ensure that a company’s employee benefit plans are being managed in accordance with the Employee Retirement Income Security Act (ERISA). Most commonly, this involves 401(k) plans, pension plans, and other health or welfare benefits. The audit checks for proper reporting, fiduciary responsibility, and compliance with regulatory standard...