Product Image

Auditing Defined Contribution Plans

Author/Moderator: Melissa Critcher, CPA
Publisher: AICPA
Availability: Varies by Format (See Below)
See Below To Add To Cart
View Online Catalog
Print This Page
Available Formats:  Text | On-Demand | See All

Go beyond the basics in preparing working papers and financial statements for employee benefit plans. This CPE course will provide the auditor with the tools necessary to understand the complex rules and regulations that affect employee benefit plans as well as guidance on addressing deficiencies. Through contemporary case studies, you’ll gain a thorough understanding of the procedures needed to effectively plan and carry out your audits.

Topics Discussed:

  • Identification of various types of plans
  • Planning, communication, and other activities for defined contribution plans
  • Investments and investment related income
  • Auditing participant data, contributions, distributions, and participant loans
  • Fraud in employee benefit plans
  • Government regulations and reporting requirements
  • Comparing the audited financial statements to Form 5500
  • Legal counsel representations
  • Case studies and discussion questions

Learning Objectives:
When you complete this course, you will be able to:

  • Differentiate types of defined contribution plans that are available to plan sponsors
  • Recognize complex audit and accounting issues associated with defined contribution plans
  • Compare types of investment options that may be available to participants, including the audit procedures for complex investments.
  • Identify fraud and determine the appropriate audit responses
  • Apply rules and regulations associated with auditing and reporting for defined contribution pension plans.

Who Will Benefit?
Practitioners with experience auditing defined contribution plans

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

Advanced Preparation: None

NASBA Field of Study: Accounting and Auditing
Level: Intermediate
Recommended CPE Credit: Text - 8 (Accounting 1; Auditing 7); On-Demand - 9.5 (Auditing)
Auditing Defined Contribution Plans
Text , 2015
Product# 745173
Availability: In Stock
AICPA Member:$149.00
Your Price:$189.00
To receive your AICPA member discount, Sign In now, or Register using your AICPA membership number.