CPE & Events Catalog
401(k) Audit Basics, Part 3 - Distribution Testing, Investments and Audit Wrap-up
Distribution testing, investments and audit wrap-up (bold)
Employee benefit plan audits are quite different from corporate audits and require an understanding of the unique audit areas specific to plans.
Part 3 of the 401(k) audit basics series addresses distribution testing, investments and audit wrap-up, including:The various types of plan distributions and benefit payments
Types of plan investments and the related disclosures
ERISA Section 103(a)(3)(C) and non-Section 103(a)(3)(C) audits and the common issues and errors typically seen in these areas
Wrapping up the audit
Common issues and errors seen in these areas
Employee benefit plan audits are quite different from corporate audits and require an understanding of the unique audit areas specific to plans.
Part 3 of the 401(k) audit basics series addresses distribution testing, investments and audit wrap-up, including:
Learning Objectives
- Identify various types of plan investments.
- Distinguish required investment disclosures.
- Recall unique aspects of ERISA Section 103(a)(3)(C) and non-Section 103(a)(3)(C) audits and the common issues and errors typically seen in these areas.
- Identify the various types of plan distributions and benefit payments.
- Recognize issues to consider in wrapping up the audit.
Highlights
· Identify various types of plan investments.
· Distinguish required investment disclosures.
· Recall unique aspects of ERISA Section 103(a)(3)(C) and non-Section 103(a)(3)(C) audits and the common issues and errors typically seen in these areas.
· Identify the various types of plan distributions and benefit payments.
· Recognize issues to consider in wrapping up the audit.
Event Level: Basic
Field of Study: Auditing
Who Should Attend
Auditors new to employee benefit plan auditing
Required Knowledge
None
