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24WI-0059: 401(k) Audit Basics: Part 2 - Participant Data and Contributions Testing (Webinar)

If you have questions about this event, please call us at 952-831-2707.

Thursday, May 2, 2024
12:00pm - 2:00pm Central Time
2 CPE (2 technical)

Employee benefit plan audits are quite different from corporate audits and require an understanding of the unique audit areas specific to plans. Part 2 of the 401(k) audit basics series addresses participant data and contribution testing, including what participant data needs to be tested and why, the different ways a participant can enroll in a plan, the various types of contributions received by a 401(k) plan, parties in interest and prohibited transactions, and common issues and errors seen in these areas. Perfect for staff or in-charge auditors new to ERISA audits, this webcast provides an understanding of 401(k) plans and how they work and addresses participant data and contributions testing.

Major subjects

  • Participant data testing
  • 401(k) plan contribution types
  • Parties in interest and prohibited transactions

Learning objective(s)

  • Identify what participant data needs to be tested and why
  • Recall the different ways a participant can enroll in a plan
  • Distinguish the various types of contributions received by a 401(k) plan
  • Recognize parties in interest and prohibited transactions
  • Distinguish unique issues that should be considered when planning 401(k) plan audits

Who should take this program?

Auditors new to employee benefit plan auditing

Fees

Our records indicate you are a nonmember. If you register, you will be charged $142.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.
Standard Member Fee $118.00
checkmark Standard Nonmember Fee $142.00

More program information

Instructor Marilee Lau, CPA
Location Online
Area
of study
Accounting & audit
Field(s)
of study
Auditing - Technical (2.0)
Level Basic
Format Group Internet Based
Sponsor AICPA
NASBA ID#: 112891
Prerequisites Prereq. None
Advance
prep
None
Cancellation
policy
Receive a full refund if you cancel at least four business days before the event start date. Learn more

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If you have questions about this event, please call us at 952-831-2707.