Effective Monitoring of Outsourced Plan Recordkeeping and Reporting Functions
Hiring a third party provider to perform plan administration services is a fiduciary function and, as such, plan administrators are required to periodically monitor their service providers to ensure they are performing the agreed-upon services
Published on March 22, 2013
EBPAQC Tools, Resources and Information
...CPAs meet the challenges of performing quality audits in the unique and complex employee benefit plan area, the Center has assembled a wide variety of resources and tools, including accounting and auditing resource centers, primers, and plan advisories
Published on March 08, 2012
Parties in Interest and Prohibited Transactions Resource Center
Section 3(14) of ERISA defines a party in interest to include, among others, fiduciaries or employees of the plan, any person who provides services to the plan, an employer whose employees are covered by the plan, an employee organization whose members are covered...
Published on March 05, 2013
EBPAQC Alert No. 321
ERISA's 40th Anniversary; DOL Guidance on Missing Participants; IRS Webinar on Corrections Programs; EBPAQC Outsourced Services Testimony; FASB Conceptual Framework Comments
Published on August 26, 2014
Employee Stock Ownership Plans (ESOP) Resource Center
Find general information about Employee Stock Ownership Plans (ESOP) requiring annual financial statements audits under ERISA.
Published on May 10, 2013
The Center has compiled tools and resources to assist members in their consideration of internal control in their EBP financial statement audits.
Published on May 23, 2014
About Health and Welfare Plans
Background information about health and welfare benefit plans
Published on March 01, 2013
EBPAQC Alert No. 304
DOL Audit Quality Study; EBPAQC Testifies on Missing and Lost Participants; Internal Control Communications Examples; FAQs on AICPA Independence Rules Affiliate Definition; Member-to-Member Discussion Forum; December EBP Conference.
Published on January 30, 2015
EBPAQC Alert No. 309
AICPA EBP Advocacy Efforts with the FASB; EBPs Excluded from Scope of FASB Disclosure Framework; DOL EBSA Website Updates
Published on December 20, 2013
Frequently Asked Questions
These FAQs were originally issued throughout EAlert # 24, dated March 23, 2005, along with selected AICPA TPAs. These FAQs were prepared by the AICPA Employee Benefit Plans Expert Panel to assist auditors in performing their plan audits. For your convenience, also included, are links to additional FAQs located elsewhere
Published on September 14, 2012