Business Details
50+ Years
experience
Employee Benefit Plan Auditing Experts
Needles & Associates has specialized in audits of Unions and Multiemployer Employee Benefit Plans since 1966. Our firm combines decades of experience with personalized attention, serving clients nationwide through comprehensive auditing services. Our team of certified professionals brings specialized expertise in payroll audits, data mining techniques, and compliance with AICPA standards. We maintain active memberships in the AICPA, Colorado Society of CPAs, and AICPA Employee Benefit Plans Audit Quality Center to ensure ongoing professional development. Our commitment to quality is demonstrated through annual peer reviews and continuous improvement of our proprietary audit programs.We prioritize client needs by providing transparent reporting, customized audit templates, and timely communication throughout the audit process. Our professionals regularly participate in industry conferences to stay current with evolving regulations and best practices. We serve as trusted advisors to plan trustees while maintaining accountability to plan participants, ensuring ethical and thorough audit execution. Our payroll audit specialists handle complex cases involving delinquencies, bankruptcies, and multi-jurisdictional compliance. We deliver actionable insights through detailed reporting formats that facilitate administrative processing and informed decision-making.
Services
Auditing Services
Payroll Audits
Government Filings
Data Mining Analysis
Employee Benefit Plans
Details
- Year established: 1966
Highlights and features
- Specialized in employee benefit plan audits since 1966
- Proprietary audit programs developed from AICPA guidelines
- Nationwide payroll audit capabilities with legal compliance expertise
- Team holds active CPA licenses and industry certifications
- Custom reporting formats for efficient administrative processing
Associations and certifications
- AICPA
- Colorado Society of CPAs
- AICPA Employee Benefit Plans Audit Quality Center
Services
Employee Benefit Plan Audits
We conduct comprehensive audits of employee benefit plans using AICPA guidelines and proprietary audit programs. Our process includes data mining analysis, compliance verification, and detailed reporting tailored to pension and welfare plans. Our specialists ensure accurate assessment of contributions, investments, and administrative practices.
Payroll Audits
Our payroll audits verify compliance with union agreements and regulatory requirements through detailed examination of contribution reports. We identify discrepancies in hours worked versus reported, calculate financial adjustments, and provide structured reporting formats for administrative processing across multiple jurisdictions.
Data Mining Analysis
We employ advanced data mining techniques to analyze pension payments, welfare claims, and participant records. This process identifies patterns, verifies accuracy, and supports fraud detection in benefit distributions while maintaining compliance with audit standards.
Government Filings
Our team prepares and submits required government filings for employee benefit plans using electronic systems. We ensure compliance with ERISA regulations and coordinate reporting requirements for multiemployer plans across different jurisdictions.
Specialized Audit Programs
We develop customized audit programs to address unique plan requirements, including private placements and limited partnership arrangements. Our approach incorporates industry-specific modifications while maintaining adherence to AICPA audit quality standards.
People
Kurt D. Needles
Owner
Licensed CPA since 1986 with specialized expertise in employee benefit plan audits. Purchased the firm in 2003 and maintains active involvement in industry conferences and professional development.
Randy Eck
Audit Manager
Masters in Finance with 25+ years of experience auditing large pension funds. Specializes in complex investments and serves as lead auditor for multiple high-value clients.
Tosin Oyewo
Audit Manager
CPA since 2006 with expertise in implementing new auditing standards. Manages annual audit processes and ensures compliance with evolving regulatory requirements.
Alma Vazquez
Data Specialist
Specializes in data mining analysis for pension payments and welfare claims. Attends anti-fraud conferences to enhance detection capabilities and reporting accuracy.
Nolan Royle
Audit Specialist
Focuses on detailed pension file reviews and contributes to audit quality through specialized documentation expertise.
Questions
What types of audits do you specialize in?
We specialize in audits of Unions and Multiemployer Employee Benefit Plans, including pension funds and welfare arrangements.
How do you handle multi-jurisdictional payroll audits?
Our team conducts nationwide payroll audits with expertise in varying state regulations and union agreement requirements.
What reporting formats do you use?
We provide structured reports including Contribution Recap Schedules, Hour Recap Schedules, and customized templates for administrative processing.
How do you ensure audit quality?
We maintain AICPA membership, participate in annual peer reviews, and continuously update proprietary audit programs.
Can you handle complex investment structures?
Yes, our specialists audit unique investments including private placements and limited partnership arrangements.
