Learn how to plan perform and evaluate defined contribution plans in accordance with AICPA standards
and DOL rules and regulations.
Advanced Auditing for Employee Benefit Plans contains mock
audit case studies and advanced learning exercises related to planning,
performing, and evaluating defined contribution, defined benefit, and health and
welfare plan audits. Once you complete the learning, you will need to take the
Advanced Defined Contribution Plans Audit Certificate Exam to earn the
certificate's digital badge.
The Advanced Defined Contribution Plans
Audit Certificate exam tests your ability to plan, perform and evaluate defined
contribution plans, in accordance with AICPA standards and DOL rules and
regulations. This exam is offered in a timed online format and consists of 75
multiple choice questions. In order to successfully pass the examination, you
must be able to evaluate and analyze the core concepts related to client
acceptance, engagement planning, engagement analysis, concluding an engagement
and guiding principles for defined contribution plan audits.
Topics Discussed:
- Planning and general procedures
- Internal control
- Net assets available for benefits
- Changes in net assets available for benefits
- Plan tax status
- Financial statement presentation, disclosure, and regulatory reporting
- Audit reports
Learning
Objectives:
- Formulate key concepts and skills to build upon a
solid audit foundation specifically related to employee benefit plans,
including defined contribution retirement plans (DC plans), defined benefit
pension plans (DB plans), and health and welfare plans (H&W plans.)
- Evaluate advanced plan-specific audit circumstances.
- Interpret advanced EBP audit concepts through a mock plan-specific audit.
- Interpret regulatory requirements and professional standards related to
engagement acceptance, planning, and quality control for employee benefit plan
audits.
- Assess the control environment of employee benefit plans, including the
portion of the control environment at a service organization, through
analytics, inquiry, and observation.
- Assess presentation and disclosure requirements in
accordance with GAAP for employee benefit plans.
Who will it
benefit?
Auditors from small to large firms interested in enhancing
their intermediate to advanced competencies in employee benefit plan
auditing
Details:
- Field of Study: Auditing
- Level: Advanced
- CPE Credit: 17.5
$459.00 - Member Price
$579.00 - Nonmember Price
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