RE: Corporate benefits audit program

[Whitehouse, Don]

Title: Corporate benefits audit program

Tim,

I am currently doing an audit of our Health Care which is not as broad of scope as yours.  I purchased a book titled "Auditing Health Care Benefits: How to Manage Costs & Minimize Risk". It costs about $160 new, but I found it used on Amazon for about $90. I used the book to develop an internal control questionnaire. Let me know if you are interested. The book also suggests some tests that may be relevant to the rest of your audit.

 

Don

-----Original Message-----
From: O'Brien, Tim [mailto:[EMAIL PROTECTED]]
Sent: Tuesday, August 13, 2002 6:39 PM
To: '[EMAIL PROTECTED]'
Subject: Corporate benefits audit program

I couldn't find any specific audit programs at the website, so I thought I'd ask...

We are planning an internal audit of our corporate benefit programs to include:

Pension Plans,
Health and Dental programs
401K plans
Employee Stock Options
and management of our Flexible spending accounts.

Does anybody have experience in these areas and/or audit programs you'd be willing to share?

Most of the stuff our external auditors have given us is limited to 5500 financial reporting aspects. 

We were trying to gear our review more toward process improvements and best practices, etc.
(for example testing the social security numbers against a sound data base for validity, etc.)

Thanks in advance for any support, wisdom or guidance your willing to lend...

regards,
Tim

Tim O'Brien
Internal Auditor -
Ball Corp.

[EMAIL PROTECTED]