Audits of Employee Benefit Plans Subject to ERISA WEBCAST
Overview
Perform EBP audits confidently and effectively. Auditors require proper skills to perform EBP engagements effectively. Tap into ways to plan and conduct audits and comply with professional standards while maximizing efficiency. Learn the complete audit process - from engagement acceptance to reporting in this all-new webcast. Employee benefit plan (EBP) audit engagements are continually scrutinized by regulators and peer reviewers due to the history of noncompliance with applicable professional standards. Join us to review additional considerations when auditing the various types of EBPs to avoid common compliance issues.
Highlights
ERISA reporting requirements. Audit planning and pre-engagement activities. Risk assessment, including consideration of internal control. 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 the addition of EBP audits as a service offering. Accountants in business and industry responsible for company benefits.
Objectives
Recognize accounting and auditing requirements for a compliant audit of EBPs. Identify appropriate audit procedures to plan, perform, and report on EBP financial statements. Recognize new auditing, accounting, and regulatory developments impacting EBP audits.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Randy Dummer, AICPA Learning
Randy M. Dummer, CPA Henderson, Hutcherson & McCullough, PLLC/Chattanooga, TN Randy Dummer is a Partner with HHM in the accounting and audit area, joining the firm in 2011. He is the engagement partner on several employee benefit plan audits at HHM, as well as for automobile dealerships, manufacturers, not-for-profit organizations and other commercial businesses. He also performs numerous peer reviews and serves on the East Tennessee Review Acceptable Board and the Tennessee Peer Review Committee. He was previously the firm wide leader for the employee benefit plan audit practice at Baker Tilly Virchow Krause, LLP in Appleton, Wisconsin. The practice consisted of approximately 700 engagements performed by personnel in eight different offices. In this role, Randy developed and taught the firms internal training annually for their benefit plan audit staff, updated tools and templates, and served as the primary technical resource for employee benefit plan audit issues. He has extensive experience with audits of employee benefit plans, as well as not-for-profit organizations, and commercial businesses. He has been teaching seminars for the AICPA since 2003. Randy is a 2012-13 recipient of the AICPA Outstanding Instructor Award.
Non-Member Price $403.00
Member Price $332.00