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.
Learning 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.
Major Topics
· 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