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Monday, June 13, 2016 Live

Audits of 401(k) Plans (E1606291)

8:30 AM - 4:30 PM EDT

Registration: 8:00 AM EDT

NJCPA Education Center

425 Eagle Rock Avenue,
Roseland , NJ 07068

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

Randy Dummer

Randy Dummer, CPA

AICPA/Professional Development Institute

Randy Dummer, CPA Virchow, Krause & Company, LLP/Appleton, WI Randy Dummer is a Partner with Virchow, Krause & Company where he specializes in automobile dealerships and similar retail businesses including farm implement dealers, boat dealers and motorcycle and recreational vehicle dealers. He has over 15 years of experience and is a charter member of the firm’s Dealer/Retail Services Group. He heads up the employee benefit plan audit practice committee and audit practice for the Fox Valley Commercial Team at Virchow Krause. He has extensive experience in audits, review and compilations of financial statements as well as tax planning and compliance services for closely-held businesses. Randy is a member of the Wisconsin Auto and Truck Dealers Association (WATDA) and presents at annual conferences on behalf of WATDA as well as the Minnesota Automobile Dealers Association. CF 1/24/05

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