What's Happening?
Donna M. Massanova has taken on the role of EBP Center of Excellence global lead at Makosi, where she also serves on the company's Advisory Board. With over 30 years of experience in public accounting, Massanova previously retired as a partner from Baker Tilly. During her tenure, she was instrumental in building one of the largest employee benefit plan audit practices in the United States and played a key role in developing the Philadelphia market's construction and real estate practice. Her new position at Makosi involves leading initiatives that address the evolving challenges in employee benefit plan audits, particularly in light of new tax laws and audit pressures.
Why It's Important?
Massanova's leadership at Makosi is significant for the U.S. audit industry, particularly in the realm of employee benefit plans. Her extensive experience and strategic vision are expected to guide the EBP Center of Excellence in navigating the complexities introduced by recent tax legislation. This could lead to more robust audit practices and compliance strategies, benefiting companies and their employees by ensuring the integrity and accuracy of benefit plan audits. Her influence may also extend to shaping industry standards and best practices, potentially impacting how audits are conducted across the country.
What's Next?
As Massanova settles into her role, the focus will likely be on addressing the immediate challenges posed by new tax laws and audit requirements. This may involve developing new methodologies and tools to enhance audit efficiency and accuracy. Stakeholders, including businesses and auditors, will be watching closely to see how her leadership influences the broader audit landscape. Additionally, there may be opportunities for collaboration with other industry leaders to further refine and standardize audit practices.
