Kelley Galloway Smith Goolsby, PSC
Certified Public Accountants and Advisors

Employee Benefit Plans

Employee Benefit Plans

Kelley Galloway Smith Goolsby, PSC (KGSG) provides professional auditing services to a variety of companies and governmental entities whose employee benefit plans are subject to the audit requirements of the Employee Retirement Income Security Act of 1974 (ERISA).  KGSG provides assistance for many types of employee benefit plans, including 401(k) plans, 403(b) plans, defined benefit pension plans, single and multi-employer plans, ESOPs, and health and welfare plans.

KGSG’s Commitment to Quality

This niche area is highly specialized and complex due to numerous reporting requirements and constant changes in governmental regulations.  If your company is subject to a plan audit, you want a firm you can trust to provide a quality, efficient audit and help you minimize your risks.  We are that firm.

KGSG honors our commitment to increase our clients’ wealth of knowledge and resources by being industry experts.  Our professionals stay up to date on current Department of Labor (DOL), Financial Accounting Standards Board (FASB), and Governmental Accounting Standards Board (GASB) reporting requirements and issues.  KGSG is registered with the Public Company Auditing Oversight Board (PCAOB) and is a member of the AICPA’S Center for Audit Quality.  KGSG consistently receives unmodified peer review reports with no comments, the highest level achievable.  In addition, KGSG is a member of the AICPA’S Employee Benefit Plan Audit Quality Center (EBPAQC).

What does all this mean for our clients?  It means that you can be confident in KGSG’s commitment to delivering a quality audit.  KGSG’s membership in these organizations mean that we have access to most up-to-date guidelines, tools, and best practices.


Accounting for Plan Transactions
Audits
Compliance Audits for  Collective Bargaining Agreements
Data Extraction Tests
Discrimination Testing for IRS and DOL Compliance
Financial Statement Preparation and Plan Accounting
Implementation of Accounting  Standards


Preparation/Reviewing of Form 5500 and other required filings
Current Tax Issue Assistance
IRS Examinations
Tax Research

Tax Services