The Business Learning Institute - Events

Audits of 401(k) Plans

Description		401(k) plans have become a popular option for employee benefit plans so it is imperative that you have the skills necessary to audit these plans effectively. Every aspect of how to audit a 401(k) plan and prepare financial statements that satisfy ERISA and SEC requirements are covered in this course. Tap into ways to plan and conduct 401(k) audits more efficiently and effectively and understand the differences between 401(k) audits and other employee benefit plans audits.
Objectives		Upon completion of this course, participants will be able to: Understand the requirements for 401(k) audits as distinguished from audits of other types of employee benefit plans Plan and conduct 401(k) audits, including those with voiceresponse recordkeeping systems, more efficiently and effectively Recognize new developments affecting 401(k) audits
Highlights		ERISA and SEC requirements Audit planning ~ analytical procedures, accounting estimates, fraud Evaluating internal control Auditing the statement of net assets available for benefits Auditing the statement of changes in net assets available for benefits Special audit considerations Preparing the auditor's report Financial statement disclosures Supplementary schedules
Designed For		Practitioners who perform audits of employee benefit plans or who advise companies in * this area Accountants in business or industry responsible for administering their company's benefit plans Accountants employed by banks and insurance companies, outside
Recommended CPE Credits		8
Prerequisites		None
Event Id / Acronym		10AFKP
Course Level		Basic
Field(s) of Study		Accounting & Auditing
Producer		AICPA
Instructor