Nashville Audit Services

Employee Benefit Plan Audit Services

LBMC audits approximately 300 employee benefit plans annually, and we are a Top 1% benefit plan auditor in the nation. Our in-depth knowledge includes ongoing training and annual CPE requirements, guaranteeing a keen understanding of the latest technical and financial requirements. As a top 25 benefit plan auditor in the nation, we have the experience that allows us to tailor our audit approach to the needs and characteristics of each client.

Employee Benefit Plan Audit

Internal Audit

Internal audit services can be used throughout a company’s operations. The primary purpose of internal audit services is to help identify and assess operational, financial and compliance risks that a company faces, and then identify and assess the internal controls in place to mitigate those risks. Internal audit services involve both process and system reviews.

Internal Audit

Lease Accounting Services

The new lease accounting guidance presents an opportunity to proactively implement new processes and policies while simultaneously taking inventory of your company’s lease populations, in order to assess the impact on future financial reporting.

Services include data extraction, process mapping, internal controls, change management, software advisory, software readiness, financial impact modeling, and impact analysis on debt covenant calculations.

Lease Accounting

Service Organization Control (SOC Reports)

Service organizations that provide key third-party outsourcing services often need to be accountable to the clients they serve. These organizations include claims processors, application service providers, benefits administrators, payroll companies, data centers, and many others. System and Organization Control Reports (SOC 1, SOC 2, SOC 3 reports) provide three new reporting vehicles developed for service organizations to respond to demands for uniform reporting and review—expanding service organizations’ ability to report on financial controls, non-financial controls and, with SOC 3, become certified trusted system service organizations.

SOC Reports

Transaction Advisory Services (Due Diligence)

Our Integrated TAS team has decades of experience assisting corporate and private equity clients in financial, tax, structuring, reimbursement, billing and coding, information technology, and human resource/ benefit due diligence on both the buy and sell sides of M&A transactions. Our approach is flexible and tailored to each client’s specific needs – creating a long-term, professional partnership that usually lasts well after the deal closes.

Transaction Advisory Services

We primarily work with the following companies and industries:

• Healthcare
• Manufacturing service companies
• Middle market companies
• Private equity groups
• Technology companies

What services are offered at the Nashville office?

Our Nashville team works in a variety of industries including healthcare, manufacturing and distribution, construction, real estate, not-for-profit, just to name a few. We have CPAs and licensed professionals in tax, audit, business valuation, litigation support, healthcare consulting and compliance, risk services, human resources, recruiting and more. We can support all LBMC services in this office. See our full-suite of services list for more information.