2008 ARA Excerpt
Overview:
Information about limited scope audits from the 2008 employee benefit plans audit risk alert regarding the auditor's responsibilities with respect to investment information.
Published on May 13, 2013
2007 ARA Excerpt
Overview:
Information about limited scope audits from the 2007 employee benefit plans audit risk alert regarding trustee or custodian certification of fair values of plan investments
Published on May 08, 2013
Limited Scope Audit Decision Tree
Tools:
Tool to assist members in determining if a plan is eligible for the limited scope audit exemption.
Published on May 06, 2013
Form 11-K Audits Resource Center
Overview:
Information, tools and resources about audits of plans required to file on Form 11-K with the SEC
Published on May 01, 2013
Health and Welfare Plans Resource Center
Overview:
Health and welfare benefit plans may be either defined-benefit or defined contribution plans. Because audit issues related to these plans are unique and often very complex, the Center has developed this resource Center to centralize resources useful to auditors of these plans.
Published on April 30, 2013
Defined Benefit Pension Plans Resource Center
Overview:
Defined benefit pension plans provide a promise to pay to participants specified benefits that are determinable and are based on such factors as age, years of service, and compensation.
Published on April 30, 2013
Alternative Investments
Overview:
Tools and resources to assist members in auditing alternative investments
Published on April 30, 2013
Applying Accounting Rules for Measuring and Reporting Fair Value of Plan Investments
Tools:
Includes general information about valuations of and disclosures about plan investments in plan financial statements under FASB ASC 820 fair value measurement criteria.
Published on April 30, 2013
Fraud Risk Factors Specific to Employee Benefit Plans
Tools:
Risk factors are further classified based on the three conditions generally present when fraud exists
Published on April 30, 2013
Employee Benefit Plan Fraud Examples
Article:
The AICPA Employee Benefit Plan Audit Quality Center has prepared a tool summarizing employee benefit plan fraud examples.
Published on April 30, 2013
FASB ASC 820, Fair Value Measurement
Overview:
Tools and resources to assist members in understanding fair value measurements and disclosure requirements.
Published on April 30, 2013
Investments in Limited Partnerships and Reporting Such Investments on Form 5500 and 10312 Entities
Overview:
Pension funds are frequently investing in limited partnership private equity funds that may include hedge funds. These pooled investment funds are lightly regulated and not readily marketable, unlike registered investment funds, commonly known as mutual funds.
Published on April 23, 2013
Accounting and Auditing Resource Centers
Overview:
The AICPA's Employee Benefit Plan Audit Quality Center has compiled comprehensive tools and resources in various Resource Centers.
Published on April 12, 2013
403(b) Plan Resource Center
Checklist:
Find general information on AICPA.org about IRC section 403(b) retirement plans and DOL regulations requiring annual financial statement audits for ERISA-covered 403(b) plans.
Published on March 22, 2013
11K SEC Report Requirements
Tools:
Provides members with a handy reference for identifying and understanding the various filing requirements and regulations for plans that file on Form 11-K with the SEC. To be used for reference purposes only.
Published on March 22, 2013