EBPAQC Alert No. 305


EBP Audit Resources for Center Members
September 12, 2013
EBPAQC Alert #305
In This Alert
EBP Audit Resources for Center Members
Department of Labor Resources
Additional Resources
EAlerts (archived)
Live Forum webinars (archived)
Resource Centers
EBP Products at the AICPA Store
Stay Informed
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Dear Center Members
EBP Audit Resources for Center Members
The EBPAQC has many valuable resources and tools available to help you with your EBP audits. These include resource centers, a Member-to-Member Discussion Forum, EAlerts, live forum webinars, plan advisories, "topix" primers and much more.

Click here for a summary of the various tools and resources you can find on the EBPAQC website.

The Center has developed several new tools and resources in the past year, and updated some existing resources, including the Examples of Internal Control Communications for Employee Benefit Plans and an updated edition of the Plan Advisory, Effective Monitoring of Outsourced Plan Recordkeeping and Reporting Functions.

Popular tools and resources include:
  • Common EBP Audit Deficiencies
  • Documentation of Use of a Type 2 Service Auditor's Report in an EBP Financial Statement Audit
  • Parties in Interest and Prohibited Transactions Resource Center
Technical Assistance

Consult the EBP Audit Guide and Audit Risk Alert- If you need technical guidance on an accounting or auditing issue, many times the answer can be found by consulting the AICPA Audit and Accounting Guide, Employee Benefit Plans the AICPA Audit Risk Alert, Employee Benefit Plans Industry Developments-2013, and the other EBPAQC and AICPA resources.

Use the Member-to-Member Discussion Forum- The EBPAQC Member-to-Member Discussion Forum also allows you to search for topics and non-authoritative replies, or post a new topic for your colleagues to share their experience and best practices.

Contact the AICPA A & A Technical Hotline- If after consulting the above resources you still cannot find answers to your accounting and auditing technical question, contact the AICPA's Accounting and Auditing Technical Hotline by submitting your question electronically using the Technical Inquiry Form (accessible through the link below) or by calling the Technical Hotline at 1-877-242-7212. Click here for AICPA Technical A & A Hotline Inquiry Form.

Contact the AICPA Professional Ethics Hotline- For AICPA ethics or independence issues access the AICPA Professional Ethics Hotline by calling (888) 777-7077, menu option #6, followed by menu option #1, or e-mail at ethics@aicpa.org.
Department of Labor Resources
Employee Benefit Security Administration (EBSA) Web Site

For DOL publications, FAQs, copies of the Form 5500, instructions, and related schedules, visit the DOL's EBSA web site at www.dol.gov/ebsa.

EFAST 2 Contact Center Support System

For questions regarding the Form 5500 or related schedules, you can email the DOL at efast@dol.gov or call the DOL EFAST 2 Contact Center Support System at 1-866-463-3278:
  • Option 1 - Questions regarding the instructions for filling out the Form 5500 Annual Report
  • Option 2 - Questions regarding errors or acknowledgment messages for edit tests
  • Option 3 - To check the status of a current filing
  • Option 4 - Questions regarding the EFAST 2 website
  • Option 5 - Third party software certification and development questions
  • Option 6 - Questions regarding pin, password, user ID, or account locked
For questions about ERISA reporting, filing or other regulatory requirements, contact the DOL's Office of Regulations and Interpretations at 202-693-8500.

For information for employers and plan officials to help meet their legal responsibilities visit the EBSA website www.askebsa.dol.gov.

To speak with a benefits advisor in an EBSA field office, call 1-866-444-3272 (EBSA):
  • To speak to a benefits advisor from the office serving the area from which you are calling (press 2)
  • To speak to a benefits advisor from an office which does not serve the area from which you are calling (press 3)
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AICPA Employee Benefit Plan Audit Quality Center

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