Audits of Employee Benefit Plans Conference - VIRTUAL
8.00 Credits
Member Price $0
Price will increase by $50 on 5/1
Non-Member Price $100
Price will increase by $50 on 5/1
Overview
This conference is offered in collaboration with the Minnesota Society of CPAs.
Tackle employee benefit plans with confidence at the Audits of Employee Benefit Plans Conference. Dive into case studies on audit pitfalls to avoid common mistakes and apply practical solutions. Gain a deeper understanding of ESOPs and how they differ from typical 401(k) audits. Learn about the various types of audits and identify the tripping points to navigate challenges effectively.
Highlights
Prerequisites
None
Designed For
CPAs, auditors and other financial professionals who are responsible for auditing employee benefit plans
Objectives
Preparation
None.
Notice
Monday, May 18
General Session
- Department of Labor Update
Stay ahead of the evolving regulatory landscape with a direct look into current activities within the Department of Labor’s Office of the Chief Accountant. Gain practical insight into how ongoing initiatives may influence your upcoming audit season and what steps you can take to ensure compliance. Explore the most common audit deficiencies and learn how to strengthen audit quality while better supporting clients who receive enforcement correspondence. Walk away with timely, actionable guidance straight from the DOL to enhance your effectiveness as an EBP auditor.
Credits: 1.5 - Auditing
This session is available to registrants only.
General Session
- Common Plan Errors and Current Correction Guidance
Explore the latest IRS and DOL guidance shaping today’s retirement plan correction landscape. Gain clarity on how common plan administration errors occur, how they’re typically identified and the compliant options available for resolving them. You’ll walk away with a stronger understanding of correction pathways and greater confidence in guiding clients and evaluating plan issues.
Credits: 1 - Auditing
This session is available to registrants only.
General Session
- Best Practices and Efficiencies in ERISA Audits
Elevate audit quality while improving efficiency by exploring proven practices used in successful ERISA engagements. Learn what peer reviewers consistently look for, where firms commonly stumble and how to streamline work without increasing risk. Through a reviewer’s lens, uncover practical steps that strengthen documentation, support compliance and reduce the likelihood of issues in your next peer review. Walk away with strategies you can implement immediately to enhance both quality and workflow.
Credits: 1.5 - Auditing
This session is available to registrants only.
General Session
- Navigating 403(b) Plans: From Basics to Compliance Realities
403(b) plans may look familiar, but their ERISA status, operational nuances and compliance rules can create unexpected risk for sponsors and practitioners. Explore how these plans evolved, what truly distinguishes them from 401(k)s and where real world compliance pressure points tend to emerge. Gain a clearer framework for evaluating ERISA vs. non ERISA status and spotting common plan design and administration issues. Walk away with practical insight to strengthen audit, governance and regulatory readiness.
Credits: 1 - Auditing
This session is available to registrants only.
General Session
- Audit Foundations for Benefit Plans: Controls, Risk and SOC 1 Understanding
Build a strong foundation in the core elements that drive high quality employee benefit plan audits. Explore how internal controls, thoughtful risk assessment and SOC 1 reporting work together to support clearer documentation, better judgment and more reliable audit conclusions. Gain practical insight that helps staff move beyond basic checklists and develop confidence in evaluating processes and identifying real risks. Leave with a clearer framework you can apply immediately to strengthen audit quality.
Credits: 1.5 - Auditing
This session is available to registrants only.
Breakout Session
- Panel Discussion: Ask the Experts
Experts share their insights on the latest developments, common pitfalls and best practices in auditing employee benefit plans. Gain practical strategies for addressing regulatory updates, improving audit quality and mitigating risk. Whether you’re an experienced auditor or new to the field, gain valuable perspectives to help you stay ahead in an ever-changing landscape.
Credits: 1.5 - Auditing
This session is available to registrants only.
- Court Case Update
More information to come!
Credits: 1 - Specialized Knowledge
This session is available to registrants only.
Non-Member Price $100
Member Price $0