The AICPA Employee Benefit Plan Audit Quality Center (www.aicpa.org/ebpaqc), launched in March 2004, reported that more than 700 firms--from 48 states, the District of Columbia and Puerto Rico--have enrolled as members.* The AICPA AICPA See American Institute of Certified Public Accountants (AICPA). Employee Benefit Plan Audit Quality Center (www.aicpa.org/ebpaqc), launched in March 2004, reported that more than 700 firms--from 48 states, the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). and Puerto Rico--have enrolled as members. These firms perform more than 55% of the approximately 80,000 audits conducted annually in compliance with the Employee Retirement Income Security Act The Employee Retirement Income Security Act of 1974 (ERISA), 29 U.S.C.A. § 1001 et seq. (1974), is a federal law that sets minimum standards for most voluntarily established Pension and health plans in private industry to provide protection for individuals enrolled in these plans. (ERISA See Employee Retirement Income Security Act. ERISA See Employee Retirement Income Security Act (ERISA). ). The AICPA established the online center as a voluntary membership community and resource site for firms committed to performing high-quality audits in this arena. |
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