Description

This course will provide a general understanding of the current and prospective reporting and disclosure requirements for employee benefit plans. Participants will be provided with an insight into the common errors and mistakes made by auditors and plan administrators. Results from the Department of Labor’s (“DOL”) audit quality study will be discussed and reviewed. This material will provide auditors and plan administrators with up-to-date information regarding defined contribution plans auditing, reporting and disclosure requirements.

Instructor: Melissa Critcher, CPA, PC

Target Audience

Auditors and plan administrators of defined contribution plans

Course Objectives

Prepare for the current year’s audit

Gain a general understanding of the current and prospective reporting and disclosure requirements for employee benefit plans

Identify common errors and mistakes made by auditors and plan administrators

Subjects

Common risks and pitfalls associated with defined contribution plans

Nuances of the fair value disclosures

New reporting and disclosure requirements for the current year

Results of DOL Audit Quality Study

Prerequisites

Basic understanding of defined contribution and defined benefit plans