Expert Panel - Employee Benefit Plans

About the Expert Panel

The Employee Benefit Plans Expert Panel serves the needs of AICPA members on financial and business reporting and audit and attest matters. The expert panel protects the public interest by bringing together knowledgeable parties in the employee benefit plans industry to deliberate and come to agreement on key employee benefit plans issues.

Employee Benefit Plan Audit Quality Center

To help CPAs meet the challenges of performing quality audits in this unique and complex area, the AICPA has established the Employee Benefit Plan Audit Quality Center, a firm-based voluntary membership center for firms that audit employee benefit plans

Expert Panel Projects

Working Draft - AICPA Multiemployer Benefit Plans Chapter and Illustrative Financial Statements 

AICPA Multiemployer Benefit Plans Chapter and Illustrative Financial Statements

The Financial Reporting Executive Committee (FinREC) of the AICPA has issued a working draft of a proposed multiemployer benefit plans (ME plans) chapter and illustrative financial statements for inclusion in the AICPA Audit and Accounting Guide Employee Benefit Plans. The proposed ME plan chapter and illustrative financial statements were developed to assist preparers of multiemployer financial statements in preparing financial statements in conformity with accounting principles generally accepted in the United States of America and to assist auditors in auditing and reporting on such financial statements in accordance with generally accepted auditing standards.

Below you will find a link to the working draft of the proposed ME plans chapter and illustrative financial statements. The purpose of the working draft is to solicit comments from preparers, auditors, and users of multiemployer plans financial statements and other interested parties.

The AICPA invites comments on all matters in the proposed multiemployer plans chapter and illustrative financial statements. Comments on the working draft should be sent by electronic mail to di.krupica@aicpa-cima.com or addressed to Di Krupica, Product Management & Development, 220 Leigh Farm Road, Durham, NC 27707-8110, in time to be received by November 6, 2018.