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June 20 - 21, 2017 Live

Advanced Auditing for Defined Contribution Retirement Plans (E1706241)

8:30 AM - 4:30 PM EDT each day

Registration: 8:00 AM EDT

NJCPA Education Center

425 Eagle Rock Avenue,
Roseland , NJ 07068

16 CPE Credits in AA

OVERVIEW

Learn and grow your skills through a series of hands-on case studies and advanced learning exercises. Participate in a mock audit, which will cover all phases of a defined contribution retirement plan audit engagement.

DESIGNED FOR

Auditors responsible for the auditing defined contribution retirement plans.

BENEFITS

  • Assess the key concepts and skills for a solid audit foundation specifically related to defined contribution retirement plans and recall those concepts in audit engagements.
  • Evaluate defined contribution retirement plan specific core audit concepts and apply those concepts to audit engagements
  • Interpret advanced defined contribution retirement plan specific audit concepts through a mock, plan-specific audit

HIGHLIGHTS

  • Planning and general procedures
  • Internal control
  • Sampling
  • Net assets available for benefits
  • Investments
  • Changes in net assets available for benefit
  • Plan tax status
  • ESOPs
  • Plan mergers, transfers, spin-offs
  • Terminations
  • Changes in service provider
  • Financial statement presentation and disclosures
  • Audit reports

COURSE LEVEL

Advanced

PREREQUISITES

Prior experience auditing defined contribution retirement plans.

ADVANCE PREPARATION

Participants should have access to a copy of the Employee Benefit Plans — Audit and Accounting Guide during the training.

ADDITIONAL NOTES

Note: This course falls under the CPA Learning and Support point of the AICPA’s 6-Point Action Plan, which is intended to support an auditor’s ability to effectively apply all current guidance and avoid common deficiencies related to auditing the financial statements of defined benefit pension plans. Visit AICPAStore.com/EBPCert for additional information. *This course is not eligible for the AICPA discount.

INSTRUCTOR

Raymond Nowicki

Raymond M. Nowicki, CPA

Raymond M. Nowicki, CPA

Raymond M. Nowicki, CPA Buffalo, New York

Raymond M Nowicki, CPA is Managing Partner at Nowicki and Company, LLP , the 20th largest CPA firm in Western New York a CPA and he specializes in auditing, accounting, litigation support and quality control services. As the firm’s quality control partner, he is actively involved performing audits for commercial entities (i.e. manufacturing, wholesaling, retailing, broker-dealers, etc.) non-for-profits and ERISA engagements. His firm has successfully undergone multiple reviews under the stringent NPRC process.

He is Team Captain –qualified and performs approximately 100 peer reviews in New York, New Jersey, and Pennsylvania in a 3 year cycle. The firm is the second largest peer review practice in New York State.

Nowicki is a current member of the National Peer Review Committee ( NPRC), former member of the AICPA Peer Review Board (2002-2004), author of the AICPA National Training Manuals for Basic and Advanced Peer Review Skills (2010-2013), and member of the NYS Society of CPA’s Peer Review Committee for the AICPA (March 1995 to present). He has done multiple tours of duty as a Vice-Chairman of Oversight for the New York Committee, allowing him a unique opportunity of testing the peer reviewers.

Nowicki has been a featured instructor for the AICPA Basic and Advanced Peer Review Training and Peer Review Update courses, the AICPA Advanced Auditing of Defined Contribution Plan certificate program, and the AICPA Peer Review Conference. In presenting the Basic Peer Review Course, Ray has been dubbed “The Master Sergeant” in New York for his entertaining approach to teaching new recruits the true meaning of peer review, and has developed some interesting phrases that help his students master the skills needed for the peer review process. However, some of his classmates have been known to complain about doing pushups during class.

Even though Ray received his CPA license in 1979, so you can guess his age, his classmates have commented on his limitless energy and high impact approach to giving students a new awareness of the importance of their profession and its relationship to serving the public trust.

PRICING

Seminar WITHOUT Exam Option

    $1,175.00 - Member

    $1,475.00 - Nonmember

Seminar WITH Exam Option

    $1,345.00 - Member

    $1,645.00 - Nonmember

Event Cancelled

This event has been cancelled.

ADDITIONAL OPTIONS

Print a registration form

COURSE DEVELOPER

AICPA/NJCPA