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Auditing Financial Statements of ERISA Plans
Employee Benefit Plans
CPE Self-study

Auditing Financial Statements of ERISA Plans

Educate yourself with the applicable knowledge to perform quality employee benefit plan audits, from planning to reporting, in compliance with applicable auditing standards.

$119 - $149
Do you have an AICPA membership? Log in to apply your member discount.

Format

Online

NASBA Field of Study

Accounting

Level

Basic

CPE Credits

6

Author(s)

Deloitte & Touche, LLP, Randy M. Dummer

Availability

1 year

Product Number

CL4NAAB21SSO

 Business & partner 
Product Details

Are you auditing employee benefit plans?

Employee benefit plan (EBP) audit engagements continue to be scrutinized by regulators and peer reviewers due to history of noncompliance with applicable professional standards. Auditors require proper skills to perform EBP engagements effectively. You will work through the plan audit process from client acceptance/continuance through engagement archive. As the most common type of plans audited, you will take a deep dive into defined contribution plans to comply with professional standards, ERISA and SEC requirements. You will also obtain an awareness of additional considerations when auditing defined benefit pension plans and health and welfare benefit plans. Tap into ways to plan and conduct effective risk-based plan audits to comply with professional standards while maximizing efficiency.

This course provides CPE credit in the Accounting (.50) and Auditing (5.50) fields of study.

Who Will Benefit

  • Auditors of EBPs
  • Practitioners considering the addition of EBP audits as a service offering
  • Accountants in business and industry responsible for company benefits

Key Topics

  • Background of ERISA plan audits
  • GAAP vs. ERISA reporting requirements
  • Audit planning and pre-engagement activities
  • Risk assessment, including consideration of internal control
  • Auditing the statement of net assets available for benefits
  • Auditing the statement of changes in net assets available for benefits
  • Other auditing considerations, including prohibited transactions and tax compliance
  • The auditor’s report
  • Financial statement disclosures
  • Supplemental schedules

Learning Outcomes

  • Recognize the auditing requirements for EBP audits to comply with applicable professional standards and regulator expectations.
  • Identify accounting requirements unique to employee benefit plans.
  • Identify efficient ways to plan and conduct an effective risk-based EBP audit.
  • Recognize new auditing, accounting and regulatory developments impacting EBP audits, including SAS No. 136.
Credit Info
CPE Credits
Online
6
NASBA Field of Study
Accounting, Auditing
Level
Basic
Access
Online
This is a digital product. With full paid access the content will be available to you for 1 year after purchase date.
Pricing
Do you have an AICPA membership? Log in to apply your member discount.
Nonmembers
Online
$149.00
AICPA Members
Online
$119.00

Group ordering for your team

2 to 5 registrants

Save time with our group order form. We’ll send a consolidated invoice to keep your learning expenses organized.

Start order

6+ registrants

We can help with group discounts. Call us at 1-800-634-6780 (option 1) or email us at salessupport@aicpa.org

Contact us
Instructors
Deloitte & Touche, LLP
Randy M. Dummer
Randy Dummer is a Partner with HHM in the accounting and audit area, joining the firm in 2011. He is the engagement partner on several employee benefit plan audits at HHM, as well as for automobile dealerships, manufacturers, not-for-profit organizations and other commercial businesses. He was previously the firm wide leader for the employee benefit plan audit practice at Baker Tilly Virchow Krause, LLP in Appleton, Wisconsin. The practice consisted of approximately 700 engagements performed by personnel in eight different offices. In this role, Randy developed and taught the firms internal training annually for their benefit plan audit staff, updated tools and templates, and served as the primary technical resource for employee benefit plan audit issues. He has extensive experience with audits of employee benefit plans, as well as not-for-profit organizations, and commercial businesses. He has been teaching seminars for the AICPA since 2003.
Accessibility

The Association is dedicated to removing barriers to the accountancy profession and ensuring that all accountancy professionals and other members of the public with an interest in the profession or joining the profession, including those with disabilities, have access to the profession and the Association's website, educational materials, products, and services. The Association is committed to making professional learning accessible to all. This commitment is maintained in accordance with applicable law. For additional information, please refer to the Association's Website Accessibility Policy. For accommodation requests, please contact adaaccessibility@aicpa-cima.com and indicate the product that you are interested in (title, etc.) and the requested accommodation(s): Audio/Visual/Other. A member of our team will be in contact with you promptly to make sure we meet your needs appropriately.

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Cancellation Policy
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Auditing Financial Statements of ERISA Plans
Select from the following options:
Online
$149.00
Nonmember Price
$149.00
Price excluding sales tax
$149.00
Do you have an AICPA membership? 
Log in to apply your member discount.
Shipping cost and sales tax will be added later during checkout

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