Employer audit plan adopted; committee backs internal-audit-led, risk-based schedule
The County Employees Retirement System Employer Audit Committee adopted a chief-auditor plan for internal-audit-conducted employer audits that uses a seven-factor risk model, county-level fieldwork and a five- to six-year rotation to cover ~1,200 employers.
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The County Employees Retirement System Employer Audit Committee on the call adopted a draft plan to have the agency’s internal audit team conduct employer audits, the chair announced after a motion and voice vote.
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