Auditing Defined Contribution Plans: Exploring the Complex World of Defined Contribution Plans

Product title formerly: Advanced Employee Benefit Plan Topics

Designed to go beyond the basics in preparing workpapers and financial statements for employee benefit plans through the use of examples and current case studies.

Topics Discussed:

• Electronic Transactions
• Identifying and Addressing Complex Risks
• Implementing Changes in Compliance Rules and Legislative Issues
• Fraud in Pension Plans- Reducing the Risk of Material Misstatement Through a Combination of Prevention, Deterrence, and Detection Measures
• Fair Value Measurement
• Participant Loans
• Over/under Auditing Practices
• Disclosure Requirements

Learning Objectives:
This course provides an opportunity to explore the more advanced issues of financial statement reporting for employee benefit plans, such as communication and coordination difficulties between the plan sponsor, the auditor and various service organizations.

Prerequisite: Experience with the employee benefit plan audit process and a working knowledge of ERISA

Advanced Preparation: None