DOL and IRS Updates Are Highlights of 2021 AICPA & CIMA Employee Benefit Plans Conference

Annual conference will provide three days of in-depth coverage of key employee benefit plans, accounting, audit, and tax topics

NEW YORK (April 15, 2021) – This May, auditors, tax practitioners, plan sponsors, and other service providers, including third-party administrators, CFOs, and professionals specializing in employee benefit plans, will gather virtually for the AICPA & CIMA annual Employee Benefit Plans Conference.

In addition to updates from the Department of Labor (DOL) and IRS leaders, on the new Administration’s regulatory priorities and initiatives affecting employee benefits and retirement policy, the highly anticipated virtual event will also explore topics such as:

• CARES Act impact on the employee benefit plan community
• A first year look at pooled employer plans (PEPS) in the SECURE Act
• Top ERISA compliance challenges
• Internal control challenges and ways to properly assess risk and mitigate unintended consequences.
• Cyber risk and the steps to manage it and be aware of the risk environment.
• Legality of 401(k) plans for cannabis businesses and what auditors need to know before helping a client in this industry.

SESSIONS INCLUDE:

• Washington Regulatory Update: DOL and IRS
• Form 5500 for Auditors
• Top 10 ERISA Compliance Traps
• Demystifying Employee Stock Ownership Plans
• Overview of Unrelated Business Income for Benefit Plans

SPEAKERS INCLUDE:

• DOL & IRS speakers to be announced
• Ben Nemtin, (listen to this JoA podcast to learn more about Ben) #1 New York Times Bestselling Author | Cofounder of The Buried Life Movement
• Toby Ruda, CPA, Senior Director, Washington National Tax, Compensation & Benefits, RSM US LLP

WHEN:

• May 3-5, 2021

CONFERENCE SCHEDULE: Current information about speakers and conference topics, including the full agenda, may be found here.

ADDITIONAL RESOURCES:

A former EBP auditor shares 3 EBP audit considerations in 2021 in this new AICPA Insights blog.  The AICPA Employee Benefit Plan Audit Quality Center is designed to help CPAs meet the challenges of performing quality audits.

Media representatives who would like to virtually attend the conference may contact Jackie Hyland at jackie.hyland@aicpa-cima.com for press credentials.

About the American Institute of CPAs

The American Institute of CPAs (AICPA) is the world’s largest member association representing the CPA profession, with more than 431,000 members in the United States and worldwide, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education, and consulting. The AICPA sets ethical standards for its members and U.S. auditing standards for private companies, nonprofit organizations, and federal, state, and local governments. It develops and grades the Uniform CPA Examination, offers specialized credentials, builds the pipeline of future talent, and drives professional competency development to advance the vitality, relevance, and quality of the profession.

Media representatives are invited to visit the AICPA Press Center at www.aicpa.org/press.