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Monday, June 1, 2015 Live

Audits of 401(k) Plans (E1506221)

8:30 AM - 4:30 PM EDT

Registration: 8:00 AM EDT

APA Hotel Woodbridge

120 Wood Avenue South
Iselin , NJ 08830

8 CPE Credits in AA

OVERVIEW

Since 401(k) plans make a popular option for employee benefit plans, auditors of employee benefit plans must have the proper skills to audit these plans effectively. You will work through how to audit a 401(k) plan and prepare financial statements that satisfy ERISA and SEC requirements. Tap into ways to plan and conduct 401(k) audits more efficiently and effectively and understand the differences between 401(k) audits and other employee benefit plan audits.

DESIGNED FOR

Auditors of employee benefit plans, accountants in business and industry, responsible for company benefits.

BENEFITS

  • Recognize the requirements for 401(k) audits to distinguish between audits of other types of employee benefit plans and 401(k) audits
  • Identify efficient and effective ways to plan and conduct 401(k) audits
  • Recognize new developments affecting 401(k) audits

HIGHLIGHTS

  • Background of 401(k) audits
  • Audit planning and pre-engagement activities
  • Internal control considerations
  • Auditing the statements of net assets and changes in net assets available for benefits
  • Other auditing considerations
  • Auditor’s report
  • Financial statement disclosures
  • Supplemental schedules

COURSE LEVEL

Basic

PREREQUISITES

None

ADVANCE PREPARATION

None

ADDITIONAL NOTES

  • *AICPA members deduct an additional $30 from applicable price.

Course materials are distributed electronically. To access the materials visit My Events. Download to your laptop or tablet prior to the seminar, handouts are added as received.

INSTRUCTOR

Christopher Rouse

Christopher Rouse, CPA

AICPA/Professional Development Institute

Christopher Rouse, CPA Windham Brannon, P.C. / Atlanta, GA Chris Rouse is the Firm Audit and Accounting Quality Control Partner at Windham Brannon, P.C., an Atlanta Georgia CPA firm. He is a graduate of Florida State University, and has spent his career with Big-8 and large local firms. He has served primarily audit clients in his career, including clients in the real estate sector and the financial services industry, manufacturing, distribution and service entities, not-for-profit entities and employee benefit plans. His service as Firm-wide A&A Partner includes helping his partners deal with new and difficult audit and accounting issues. He has served as team captain on many peer reviews of CPA firms, from top-100 firms to sole practitioners. He also provides litigation support, primarily in accountants’ malpractice cases. Chris has served on several AICPA committees and task forces, including the Technical Issues Committee (Auditing), the Peer Review Committee and the Technical Standards Committee (Ethics). Chris served for three years on the US Department of Labor ERISA Advisory Council, and chaired Working Groups of the Council. He currently serves as a Technical Reviewer for the GSCPA Peer Review Committee, and has chaired the Georgia Society of CPAs Assurance Services Section, the Audit Committee, the Peer Review Committee, and the Financial Institutions Committee, and served on several others. He has received several GSCPA recognitions, including the Distinguished Member Award, Distinguished Section Chair, Exceptional Leadership and Outstanding Volunteer awards. Chris is a National Instructor of AICPA audit and accounting training courses, and is a GSCPA Outstanding Discussion Leader. He is a frequent speaker on audit and accounting matters at state and national seminars, 9-2011 LH

PRICING

$299.00 - Member

$399.00 - Nonmember

AICPA members receive a discount of $30 for this event.

Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

Print a registration form

COURSE DEVELOPER

American Institute of CPAs