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Audits of 401(k) Plans

Description

Since 401(k) plans make a popular option for employee benefit plans, auditors of employee benefit plans must have the proper skills to audit these plans effectively. You will work through how to audit a 401(k) plan and prepare financial statements that satisfy ERISA and SEC requirements. 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 plan audits.

Learning Objectives
  1. Upon completion of this webcast, participants will be able to:
  2. Identify efficient and effective ways to plan and conduct 401(k) audits.
  3. Recognize new developments affecting 401(k) audits.
  4. Recognize the requirements for 401(k) audits to distinguish between audits of other types of employee benefit plans and 401(k) audits.
Major Topics
  1. Background of 401(k) audits
  2. Audit planning and pre-engagement activities
  3. Internal control considerations
  4. Auditing the statement of net assets available for benefits
  5. Auditing the statement of changes in net assets available for benefits
  6. Other auditing considerations
  7. The auditor's report
  8. Financial statement disclosures
  9. Supplemental schedules 
Provider
AICPA
Course Level
Intermediate
Professional Area of Focus
Accounting & Auditing
CPE Field of Study
Auditing
8
Who Should Attend

Auditors of employee benefit plans, accountants in industry responsible for company benefits

 

Instructor(s)
Randy Dummer
Prerequisites
Experience with the employee benefit plan audit process and a working knowledge of ERISA
Location
Online
Event Information
When
Dec 13, 2016
9:00 am - 5:00 pm EST
Location
Online
Total CPE Credits
8
Format
Webcast Replay

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$249.00

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$319.00
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Audits of 401(k) Plans


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