New for 2014-15 Season Pass Events
Download the presentation from your My Events page and bring your laptop or tablet (WIFI and charging stations available). Handouts are added as received - remember to check back for updates. A limited number of handouts will be available onsite.
This 2-part program will discuss recent updates to accounting for pension plans and cash balance plans. A key reason for the growth of cash balance plans was the improved ease of understanding a participant’s retirement benefit, and the movement to retirement income based on lump sum values, similar to 401(k) savings plans, and the availability of lump sum payment options. Cash balance plans contain features of both defined benefit (DB) and defined contribution (DC) plans. This allows the plan sponsor and participants to take advantage of features of both types of plans.
BENEFITS
Earn 2 CPE credits in Accounting and Auditing/2 CPE credits in Taxation.
HIGHLIGHTS
Cash Balance Plans - William Nusblat
This seminar will help you understand how a cash balance plan works and more specifically:
- Define a cash balance plan.
- Identify the primary features and requirements of a cash balance plan.
- Define principal and interest credits.
- Explain the interest crediting standards for cash balance plans, including the market rate and the preservation of capital requirements.
- Calculate the hypothetical account balance when given a plan formula, and more…
Employee Benefit Plan Accounting and Auditor Update - David Dacey and Sheri Wronko
This update will cover recent developments affecting the conduct of audits of employee benefit plans. The session includes areas of interest, such as the recently issued accounting standards update related to the liquidation basis of accounting and its effect on employee benefit plans, accounting and auditing considerations related to self-directed brokerage accounts and ERISA spending accounts and other developments and areas of interest.
COURSE LEVEL
Intermediate
PREREQUISITES
None
ADVANCE PREPARATION
None
ADDITIONAL NOTES
$89 per person after May 6th. Season Pass holders must register for each event individually.