This course is intended to introduce learners to key ERISA plan concepts. It identifies relevant parties, documents, accounting and auditing standards and guidance, and other applicable regulations. It also explains the different types of ERISA plans subject to audit and presents common account balances, classes of transactions and disclosures in the financial statements. There is a focus on 401(k) plans which are most common.
*Recognize key concepts, parties, documents, accounting and auditing standards and guidance, other applicable regulations, and financial statement account balances, classes of transactions and disclosures of ERISA plans *Distinguish ERISA plans by type
Auditors of employee benefit plans, practitioners considering the addition of EBP audits as a service offering, and accountants in business and industry, responsible for company benefits.