Laws, regulations and best management practices constantly evolve and change. Liebert Cassidy Whitmore provides compliance audit services to effectively meet and address the risks and challenges of this ever-changing legal landscape. Our audit services draw on LCW’s legal expertise from representing employers in all aspects of labor, employment and education law. We utilize systematic auditing processes to ensure compliance with the law and best management practices and provide practical recommendations.
Our audit services can provide a comprehensive audit of an employer’s entire personnel policies, administrative policies and personnel policies, or specific policies. We incorporate important developments in the law and best management practices into our analysis, recommendations, and revisions. Additionally, LCW partners with the Community College League of California on the Board Policy and Administrative Procedure Service.
LCW has extensive experience providing audits to employers to ensure compliance with wage and hour laws and best management practices. The audit process includes a comprehensive investigation and analysis of written documents and actual practices within the organization, and practical recommendations to achieve compliance. Our audit services can provide a comprehensive examination of all aspects of wage and hour compliance, or tailor the audit to specific departments, classifications or suspected compliance problems.
The California Fair Pay Act prohibits pay differentials on the basis of gender and race. Our audit process includes a comprehensive review of personnel information and data; compensation data, and compensation policies and practices; and job descriptions and duties, in order to analyze and assess an organization’s compliance with the California Fair Pay Act and federal Equal Pay Act. Our audit services provide practical solutions to achieve compliance, and our audit process can be tailored to assess specific departments, classifications or positions.
Compliance with the federal Patient Protection and Affordable Care Act (ACA) is essential for organizations to avoid potential exposure to ACA penalties. The audit includes a thorough review and analysis of the employer’s current practices, which includes interviews with select employees with knowledge about key areas that are relevant to ACA compliance. LCW prepares a summary of findings, analysis, and recommendations where applicable.
Our audit services can provide a comprehensive investigation and review of administrative policies and practices within the organization, followed by a thorough written report with findings, analysis and recommendations.
LCW has extensive experience with business contracts and can provide a complete review of contracting practices, summary of existing contracts with key deadlines relating to termination and renewal provisions, and solutions for efficient contracting.
Liebert Cassidy Whitmore has extensive experience conducting retirement system and benefits audits to ensure compliance with public retirement statutes, regulations, charter provisions, and applicable federal tax laws. We review both qualified and nonqualified retirement arrangements to help safeguard tax-favored status, strengthen administrative practices, and reduce fiduciary and financial risk.
Our analysis addresses a broad range of retirement system obligations, including employee enrollment, independent contractor determinations, retirement formulas, CalPERS optional benefits, disability retirement eligibility and procedures, reportable compensation, unfunded liabilities, elected official benefits, and post-retirement work restrictions. For 403(b), 401(k), Defined Benefit, and 457 plans, we also evaluate fiduciary governance structures, investment oversight processes, prohibited transaction concerns, reporting and disclosure requirements, and operational compliance with plan documents. In addition, we advise on the tax treatment of contributions and distributions and assist clients in identifying and correcting operational or reporting errors that may affect compliance or plan qualification. For more information on these services, please see our Retirement, Benefits and Disability Practice page.
