Master the fundamentals of auditing employee benefit plans in accordance with AICPA and EBSA standards and avoid the problems that are often encountered. This seminar is designed to give you an understanding of requirements and audit procedures related to defined contribution, defined benefit, and health and welfare plans to help you more effectively plan and carry out your audit.
DESIGNED FOR
Auditors providing employee benefit audit and accounting services, benefit plan administrators and employees of companies with responsibility for accounting and reporting for plan benefits.
BENEFITS
- Audit employee benefit plans in accordance with AICPA standards and ERISA rules and regulations
- Identify specialized audit tests
- Indicate the scope of an audit
- Comparel the structure of the more popular employee benefit plans
- Identify accounting requirements unique to employee benefit plans
HIGHLIGHTS
- Common plan types
- GAAP vs. ERISA reporting requirements
- Recent developments
- Filing and audit requirements
- Planning the audit and assessment of risks
- Prohibited transactions
- Overview of tax compliance
- Internal control and understanding employee benefit plans
- Understanding and auditing 401(k), defined contribution, defined benefit, health and welfare, and employee stock ownership plans (ESOPs)
PREREQUISITES
Experience with the employee benefit plan audit process and a working knowledge of ERISA.
ADVANCE PREPARATION
None
ADDITIONAL NOTES
- *AICPA members deduct an additional $30 from applicable price.
Course materials are distributed electronically and we’ve passed the savings along to you - registrants save $20 on all 8-hour seminar pricing. To access the materials visit My Events. Download to your laptop or tablet prior to the seminar, handouts are added as received.