This course introduces unique considerations in less common plans such as defined benefit plans, health and welfare plans, employee stock ownership plans (ESOPs) and 401(k) plans that file SEC Form 11-K. It covers how to audit accumulated plan benefits and changes therein, unique features of health and welfare plans, audit considerations in ESOPs, and requirements for SEC Form 11-K filings. It also covers requirements related to audit documentation, completion of the audit, using the work of a specialist, related party transactions, parties in interest and prohibited transactions, plan’s tax status and Form 5500, communications to those charged with governance, and plan mergers and terminations.
*Recognize unique considerations in less common plans. *Identify other requirements that may arise in an audit of an ERISA plan.
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.