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This report details the compliance audit conducted on the Wayne Township Non-Uniformed Pension Plan in Greene County, Pennsylvania, for the period of January 1, 2023 to December 31, 2023. It assesses the administration of the pension plan against applicable state laws, regulations, contracts, and local policies, confirming compliance with the relevant standards mandated by the Municipal Pension Plan Funding Standard and Recovery Act.
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What is compliance audit report?
A compliance audit report is a document that details the findings of an audit assessing whether an organization is adhering to regulatory standards, policies, and guidelines.
Who is required to file compliance audit report?
Organizations that must comply with specific regulations or standards set by governmental bodies, regulatory agencies, or industry authorities are required to file compliance audit reports.
How to fill out compliance audit report?
To fill out a compliance audit report, gather necessary documentation, assess adherence to regulations, document findings, provide conclusions, and ensure clarity and accuracy in reporting.
What is the purpose of compliance audit report?
The purpose of a compliance audit report is to verify that an organization follows applicable laws and regulations, identify areas of non-compliance, and recommend improvements to internal controls and processes.
What information must be reported on compliance audit report?
A compliance audit report must include the scope of the audit, methodology used, findings, conclusions, recommendations for improvement, and any identified instances of non-compliance.
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