Skip to main content

Audits of Employee Benefit Plans Subject to ERISA

-

Add to Calendar

Webcast

8.50 Credits

Member Price $349.00

Non-Member Price $419.00

Overview

Employee benefit plan

Employee benefit plan audits are examined to help you understand the intricacies of EBP planning, reporting and compliance with applicable auditing standards.

  • Course Instructor: Randy M. Dummer
  • Highlights

  • Audit planning and pre-engagement activities
  • Risk assessment, including consideration of internal control
  • Auditing the statement of net assets available for benefits
  • Auditing the statement of changes in net assets available for benefits
  • Other auditing considerations, including prohibited transactions and tax compliance
  • The auditor's report
  • Financial statement disclosures
  • Supplemental schedules

    Prerequisites

    None

    Designed For

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

    Objectives

    • Recognize key terms and definitions related to ERISA plans.
    • Identify the different types of employee benefit plans (EBPs).
    • Recognize operational and compliance elements of ERISA plans
    • Identify the basic financial statements for all ERISA plans.
    • Recognize differences between GAAP and ERISA reporting.
    • Identify the risks of material misstatement related to financial statement line items on the statements of net assets available for benefits.
    • Recognize audit procedures commonly performed in a defined contribution retirement plan (DC plan) audit, including notes receivable from plan participants.
    • Identify audit requirements when using the work of a specialist.

    Notice

    This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by AICPA (do_not_reply@on24event.com). Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.

  • Non-Member Price $419.00

    Member Price $349.00