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Employee Benefit Plan Auditing

Description   Employee benefit plans involve complex and unique accounting, auditing, regulatory and financial reporting issues. Recent inspections have noted significant deficiencies in many employee benefit plan audits. This course will focus on quality auditing of common employee benefit plans.
Objectives  
  • Be able to recognize common mistakes in auditing and financial reporting of employee benefit plan audits
  • Understand the structure of popular employee benefit plans, including defined contribution, defined benefit and health and welfare plans
  • Highlights  
  • Implementing the risk assessment standards effectively and efficiently
  • Auditing significant audit risk areas for various types of plan audits, including investments, contributions received and receivable, benefit payments, participant data, allocations and plan obligations
  • Fraud risk factors for consideration
  • Fair value measurement audit and accounting issues
  • SAS 70 special considerations
  • Regulatory reporting requirements, including ERISA
  • Communicating internal control matters noted during the audit
  • Plan tax status considerations
  • Designed For   Anyone who performs or reviews employee benefit plan audit engagements
    Recommended CPE Credits   8
    Prerequisites   None
    Event Id / Acronym   10EBPA
    Course Level   Basic
    Field(s) of Study   Accounting & Auditing, Specialized Knowledge & Application
    Producer   Business Learning Institute
    Instructor   Louis, Jennifer F.
        Printable Version



    © 2010 Business Learning Institute, an affiliate of MACPA