New Launching 4/1! Stay tuned for a brand new online experience.

Audits of 401(k Plans: New Developments and Critical Issues (in collaboration with the FICPA)


One of the most favored employee benefit plans, the 401(k) plan, provides unique challenges for auditors. Also, as many 401(k) plan administrators opt for ERISA Section 103(a)(3)(C) audits, audits of 401(k) plans will be significantly impacted by the now-effective SAS 136, the AICPA’s new employee benefit plan auditing standard.<br> <br>Through this course, auditors will obtain an understanding of the rules and regulations unique to employee benefit plans and obtain practical guidance on applying them. Auditors will enhance their knowledge of the performance and reporting requirements of SAS 136 through real-world examples, best practices, and efficient audit techniques that can be utilized in various audit engagements. Make sure your audits don’t trigger a DOL inspection by conforming to all applicable rules and regulations

Learning Objectives

<liIdentify the key provisions of SAS 136</font
</li<liProperly document understanding of the plan, the environment, and internal controls for an employee benefit plan</font
</li<liUnderstand the importance of reading, reviewing, and documenting the controls in a service organization control report</font
</li<liIdentify potential audit triggers that may result in Department of Labor inspections</font
</li<liUnderstand the risks associated with a benefit plan audit engagement</font
</li<liAvoid common mistakes noted during peer reviews</font </li</ul</ul

Major Topics

<liProper planning of benefit plan audit engagements and developing audit strategy while improving overall efficiency</font
</li<liCommon pitfalls in planning and detailed audit procedures</font
</li<liChanges affecting 401(k) plans, including SAS 136 implementation</font
</li<liCommon mistakes as noted in peer reviews and DOL inspections</font </li</ul</ul

Maryland Association of CPAs
Course Level
Professional Area of Focus
Accounting and Auditing
Accounting & Auditing
CPE Field of Study
Who Should Attend

Practitioners responsible for planning and performing employee benefit plan audit engagements


Basic understanding of auditing defined contribution plans

Live Online – via FICPA On24 Link
Event Information
Jun 29, 2023
8:30 am - 4:00 pm EDT
Live Online – via FICPA On24 Link
Total CPE Credits
Live Webcast


$ (% off)


$ (% off)
Become A Member

Register for this Event

Audits of 401(k Plans: New Developments and Critical Issues (in collaboration with the FICPA)

Your browser is out-of-date!

Update your browser to view this website correctly.

Update my browser now