Surgent's Auditing 401(k) Plans: Critical Issues and Annual Update
Overview
Due to increasing scrutiny in the employee benefit plan area, it is imperative for auditors of 401(k) plans to remain up to date on the rules and regulations that may impact the audit engagement.
In this course, auditors will enhance their knowledge by understanding the changes affecting audit procedures and reporting in accordance with recently issued Statements on Auditing Standards (SASs), identifying best practices, and performing efficient audit engagements.
Highlights
- Key requirements of recently issued SASs
- Changes affecting 401(k) plans
- Audit strategy and improving overall efficiency
- Common mistakes as noted in peer reviews and DOL inspections
Prerequisites
Basic understanding of auditing defined contribution plans
Designed For
Experienced practitioners responsible for planning and performing employee benefit plan audit engagements
Objectives
- Understand the current changes to the rules and regulations associated with 401(k) plans
- Identify best practices associated with engagement performance
- Understand the risks associated with a benefit plan audit engagement
- Avoid common mistakes noted during peer reviews
Preparation
None
Leader(s):
Leader Bios
Melissa Critcher, Surgent McCoy Self Study
Melissa G. Critcher has her own firm located in the Charlotte, North Carolina area that focuses on employee benefit plan audits and consulting. She has extensive experience in auditing and accounting, with a specialization in employee benefit plans. She is an author and instructs continuing education courses for various organizations, including the North Carolina Association of CPAs where she has been recognized as an Outstanding Discussion Leader. Critcher began with a small, local CPA firm in North Carolina and since has worked for various sized accounting firms across North Carolina during the course of her career. She has been providing auditors with the fundamentals and techniques necessary in order to properly audit defined contribution and defined benefit plans for more than 19 years. Her auditing background includes performing engagements for various size benefit plans, both limited and full scope audits, as well as evaluating Service Organization Control reports. Critcher graduated from Appalachian State University with a Bachelor of Science degree in Business Administration specializing in Accounting. She is a member of the North Carolina Association of Certified Public Accountants (NCACPA) and other professional organizations.
Non-Member Price $199.00
Member Price $179.00