Audits of Employee Benefit Plans Subject to ERISA

Wednesday, May 15, 2024
Webcast or Webinar, Online
9:00 AM - 5:30 PM (opens at 8:30 AM) EST
8.5Credits
Accounting and Auditing

Registration is Closed

Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.

Members
$332.00 Regular Price
Non-Members
$403.00 Regular Price
Course Type: Webcast
Course Code: 24/AI181561
Level: Basic
Vendor: AICPA CPE Division
Field of Study: Accounting

Overview:

Perform EBP audits confidently and effectively

Auditors require proper skills to perform EBP engagements effectively. Tap into ways to plan and conduct audits and comply with professional standards while maximizing efficiency.

Learn the complete audit process - from engagement acceptance to reporting in this all-new webcast. Employee benefit plan (EBP) audit engagements are continually scrutinized by regulators and peer reviewers due to the history of noncompliance with applicable professional standards. Join us to review additional considerations when auditing the various types of EBPs to avoid common compliance issues.

Objectives:

  • Recognize accounting and auditing requirements for a compliant audit of EBPs.
  • Identify appropriate audit procedures to plan, perform, and report on EBP financial statements.
  • Recognize new auditing, accounting, and regulatory developments impacting EBP audits.

Major Topics:

  • ERISA reporting requirements
  • Audit planning and pre-engagement activities
  • Risk assessment, including consideration of internal control
  • Auditing considerations, including prohibited transactions and tax compliance
  • The auditor's report
  • Financial statement disclosures
  • Supplemental schedules
  • Major Topics:

  • ERISA reporting requirements
  • Audit planning and pre-engagement activities
  • Risk assessment, including consideration of internal control
  • Auditing considerations, including prohibited transactions and tax compliance
  • The auditor's report
  • Financial statement disclosures
  • Supplemental schedules
  • Designed For:

  • Auditors of employee benefit plans
  • Practitioners considering the addition of EBP audits as a service offering
  • Accountants in business and industry responsible for company benefits
  • Prerequisites:

    None