Image of Rose Ann Abraham

Rose Ann Abraham

Partner, CPA

Rose Ann Abraham, a partner with Baker Tilly, joined the firm in 2006. She has worked in public accounting since 2001. She specializes in employee benefit plan audits and manages the Chicago region’s employee benefit plan audit practice.

Rose Ann is a passionate supporter of diversity and inclusion and works both internally and externally to promote the cause within organizations. She leads Baker Tilly’s diversity and inclusion initiative, SOAR (Supporting Opportunity, Advancement and Recognition for all) for Illinois. She is also a member of the firm’s national SOAR Committee. Outside Baker Tilly, she champions diversity and inclusion as a board member of Ascend (Midwest chapter), a Pan-Asian leadership organization dedicated to enhancing the presence and influence of current and future Pan-Asian business leaders. Being a strong believer in the power of mentorship, Rose Ann is also a board member of Step Up (suwn.org), Chicago chapter. The organization is dedicated to empowering girls from under-resourced communities to become confident, college-bound, career-focused and ready to join the next generation of professional women.

Experience

  • Leads the employee benefit plan practice for the Chicago region
  • Member of the firm’s Employee Benefit Plans Committee that provides technical guidance, designs and implements firm wide training, tools and templates, marketing initiatives, and external marketing campaigns
  • Provides auditing services to all types of employee benefit plans, including 11-K, ESOP, and health and welfare plans
  • Manages the audits of approximately 100 employee benefit plans of various sizes

Involvement

  • American Institute of Certified Public Accountants
  • Illinois CPA Society, Chair – December 2010 Employee Benefits Half Day Conference
  • Active member of the Illinois CPA Society Employee Benefit Committee whose charge is to monitor developments affecting employee benefit plans in the areas of accounting and financial reporting, auditing, Department of Labor and Internal Revenue Code rules and regulations, and to enhance members’ understanding and promote their compliance in these areas
  • Active member of the Illinois CPA Society Employee Benefit Plan conference task force – the task force works with the Illinois CPA Society to bring together industry leaders and experts to provide informed, engaging presentations on timely and relevant topics
  • Vice President of External Affairs, Ascend Pan-Asian Leadership Organization, Chicago Chapter
  • Step Up, board member

Thought Leadership

  • “Company Retirement Plans: Understanding and Mitigating Your Personal Fiduciary Risk,” co-presenter alongside PNC Retirement Solutions, Brentwood 401(k) Advisory, Laner Muchin LLP, Financial Executives International – Chicago chapter (February 2017)
  • “Employee Benefit Plans: A year in review and looking ahead to next year” webinar, co-presenter alongside Sheridan Road Financial, LLC, McDermott Will & Emery (November 2016)
  • “Retirement Plans: The Road to Effective Governance,” moderator, panel discussion with Baker Tilly, Fiduciary Investment Advisors, Morgan Lewis ( March, 2015)
  • “Trends and best practices in employee benefit plans,” co-presenter PNC Retirement Solutions (March, 2015)
  • “Avoiding Common 401(k) Mistakes,” co-presenter alongside, Drinker Biddle & Reath LLP, Sheridan Road Financial, LLC, Alliance Pension Consultants, LLC (Dec. 2014)
  • “Employee Benefit Plan Voluntary Correction Programs: Fixing Costly Errors and Preserving Tax Benefits,” webinar (Feb. 2014)
  • “Auditing and Litigation of Employee Benefit Plans,” presenter at Wisconsin Institute of CPAs Audit Conference (Nov. 2013)
  • “Challenges Auditors Face in Performing Benefit Plan Audits,” co-presenter at Illinois CPA Society (May 2013)
  • “Employee Benefit Plan Audit Peer Reviews,” co-presenter for Strafford Publications webinar (May 2013)

Education

University of Illinois - Urbana-Champaign
Bachelor of Science in accountancy