Audits of Employee Benefit Plans Subject to ERISA
Valid for one year from purchase date
Self-study - On-Demand
12 CPE (12 technical)
Course code: 26SI-0067
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from sales tax, call us at 952-831-2707 to complete your purchase.
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Employee benefit plan (EBP) audit engagements continue to be scrutinized by regulators and peer reviewers due to a history of noncompliance with applicable professional standards. Through this course, you can gain the proper skills to perform EBP engagements effectively. Learn the steps of an EBP audit, applicable professional standards and ERISA and SEC requirements. You will tap into ways to plan and conduct effective risk-based plan audits to comply with professional standards while maximizing efficiency for commonly audited types of plans, including defined contribution plans and health and welfare benefit plans.
Major subjects
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Audit planning and pre-engagement activities.
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Risk assessment, including consideration of internal control.
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Auditing the statement of net assets available for benefits.
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Auditing the statement of changes in net assets available for benefits.
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Other auditing considerations, including prohibited transactions and tax compliance.
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The auditor's report.
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Financial statement disclosures.
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Supplemental schedules.
Learning objectives
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Recognize key terms and definitions related to ERISA plans.
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Identify the different types of employee benefit plans (EBPs).
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Recognize operational and compliance elements of ERISA plans
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Identify the basic financial statements for all ERISA plans.
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Recognize differences between GAAP and ERISA reporting.
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Identify the risks of material misstatement related to financial statement line items on the statements of net assets available for benefits.
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Recognize audit procedures commonly performed in a defined contribution retirement plan (DC plan) audit, including notes receivable from plan participants.
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Identify audit requirements when using the work of a specialist.
Who should take this program?
- Auditors of employee benefit plans, practitioners considering adding EBP audits as a service offering and accountants in business and industry responsible for company benefits.
Pricing
|
Standard Member Fee |
$199.00
|
 Standard Nonmember Fee |
$250.00
|
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If your organization is exempt
from sales tax, call us at 952-831-2707 to complete your purchase.
Add to cart
Area
of study
Accounting & audit
Field(s)
of study
Auditing - Technical (12.0)
Level
Basic
Format
Self-study - On-Demand
Sponsor
NASBA ID#: 112891
Prerequisites
Prereq.
None
Advance
prep
None
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