Warren Averett’s Cody Daughtry Featured in the Montgomery Business Journal

Written on June 17, 2022

Warren Averett’s Cody Daughtry, CPA, CITP, of the firm’s Montgomery accounting and advisory office was featured in the May/June issue of the Montgomery Business Journal.

The Montgomery Business Journal is a publication featuring insights from local leaders about relevant business topics, trends and events for organizations in the area.

In his article, Daughtry discussed Employee Benefit Plan (EBP) audits, how they can be daunting for organizations and why choosing the right auditor is critical for success.

When asked about choosing an accounting firm for the process, Daughtry said, “It is critical to carefully select your auditor. In addition to expertise, cost and ability to meet deadlines, it’s vital to consider how many EBP audits the firm conducts. Firms with smaller EBP audit practices have significantly higher deficiency rates, which puts their clients at risk.”

Throughout the piece, Daughtry emphasized that it’s important for business owners to take plan investments into consideration, what the auditor may consider the best time to conduct an EBP audit, and if they have any employees who may or may not be eligible for the process.

Cody Daughtry is a Senior Manager in Warren Averett’s Audit Division and has been with the firm since 2020. Recently, he graduated from Leadership Montgomery’s Torchbearers program, an initiative designed to equip the next generation of the city’s leaders, and he enjoys being an active participant in the Montgomery community.

Daughtry is part of Warren Averett’s Employee Benefit Plan Audit Practice, which performs more than 300 audits annually, and he has extensive experience auditing employee benefit plans. Many of the Practice’s team are members of the AICPA Employee Benefit Plan Audit Quality Center and the Public Company Accounting Oversight board.

Read Daughtry’s full feature in the Montgomery Business Journal on pages 46-47.

Learn more about the firm’s Employee Benefit Plan Audit Practice or our Montgomery CPAs and advisors.

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