This webcast discussed the new audit and accounting guidance for multiemployer employee benefit plans included in the August 2021 AICPA EBP Accounting and Audit. Topics will include:
Payroll compliance audits
Audit considerations and risk assessment
Operating entities held for investment purposes
Dual-purpose assets used in operations
Funded status of the plan
Reciprocity agreements
Withdrawal liability
Apprenticeship plan
FinREC reporting and disclosure recommendations