Auditing Financial Statements of ERISA Plans
Tuesday, May 14, 2024
Webcast or Webinar, Online
9:00 AM - 1:00 PM (opens at 8:30 AM) EST
4Credits
Accounting and Auditing
Registration is Closed
Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.
Members
$213.00 Regular Price
Non-Members
$261.00 Regular Price
Course Type: Webcast
Course Code: 24/AI181539
Level: Basic
Vendor: AICPA CPE Division
Field of Study: Auditing, Accounting
Overview:
Lay the groundwork for effective ERISA auditsThe new standards will enhance audits performed under the Employee Retirement Income Security Act (ERISA). Understanding the clarified responsibilities of auditors and clients will ensure that you're familiar with ERISA auditing and reporting best practices.
Identify audit procedures required for investment activity, contributions, benefit payments, or withdrawals at the participant level in this all-new webcast. Join us to learn how to alter your procedures depending on the type of audit and risk assessment and determine the classification of common plan investments.
You will also gain valuable knowledge on GAAP presentation and disclosure requirements for EBP financial statements.
Objectives:
- Identify auditing procedures for the statement of net assets available for benefits and the statement of changes in net assets available for benefits.
- Recognize the types and classification of common plan investments.
- Distinguish plan investment audit procedures based upon type of audit and risk assessment.
- Identify audit procedures at the participant level required for investment gains (or losses), contributions, and benefit payments or withdrawals.
- Recognize the presentation and disclosure requirements in accordance with GAAP.