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 Health and Welfare Plans Audit Certificate Exam to earn the
certificate's digital badge.
The Advanced Health and Welfare Plans Audit
Certificate exam tests your ability to plan, perform and evaluate health and
welfare 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 health and welfare plan audits.
Topics Discussed:
- Planning and General Procedures
- Internal Control
- Net Assets Available for Benefits
- Changes in Net Assets Available for Benefits
- Benefit Obligations and Changes in Benefit Obligations
- Plan Tax Status
- Financial Statement Presentation, Disclosure & Regulatory
Reporting
- Audit Reports & Concluding the Audit
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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