Surgent's Annual Update for Defined Contribution Plans

Overview

This course will provide a general understanding of the current and prospective reporting and disclosure requirements for employee benefit plans. Participants will be provided with an insight into the common errors and mistakes made by auditors and plan administrators. Results from the Department of Labor’s (“DOL”) audit quality study will be discussed and reviewed. This material will provide auditors and plan administrators with up-to-date information regarding defined contribution plans auditing, reporting and disclosure requirements.

Highlights

• Common risks and pitfalls associated with defined contribution plans
• Nuances of the fair value disclosures
• New reporting and disclosure requirements for the current year
• Results of DOL Audit Quality Study

Prerequisites

Basic understanding of defined contribution and defined benefit plans

Designed For

Auditors and plan administrators of defined contribution plans

Objectives

• Prepare for the current year’s audit
• Gain a general understanding of the current and prospective reporting and disclosure requirements for employee benefit plans
• Identify common errors and mistakes made by auditors and plan administrators

Preparation

None