August 22, 2019


City of Pelham Pelham Civic Complex

8 Total CPE Credits


Advanced Audits of 401(k) Plans: Best Practices and Current Developments

  • Instructor

    Gregory Clark

Learning Objectives

  • Identify the current year changes to the rules and regulations effecting 401(k) plans
  • Examine the most common compliance issues encountered in 401(k) plan audits, what to watch out for, and what can be done to ensure compliance
  • Performing efficient and effective procedures associated with planning, internal controls, risk assessment and detailed audit
  • Explain the documentation and procedures related to plan mergers and acquisitions
  • Discuss best practices associated with advanced audit areas including participant loans, payroll, compensation, investments, etc.
  • Understand the risks associated with a benefit plan audit engagement

Major Topics

  • Annual update of the changes affecting 401(k) plans
  • Compliance issues associated with eligibility and enrollments, remittances, lack of oversight, compensation, vesting, etc.
  • Best practices for engagement planning, internal controls, risk assessment, and detailed testing
  • Avoid common mistakes made while performing audit procedures
  • Plan mergers and acquisitions
  • Common audit reporting and disclosure issues
  • Proposed changes in the AICPA's proposed SAS on auditing employee benefit plans

CPE Credits Available

Total CPE
Accounting & Auditing

Things to Know About This Course

Course Level

  • Advanced

Professional Area of Focus

  • A & A
  • Employee Benefit Plans


Understanding of auditing defined contribution plans

Advanced Preparation


Intended Audience

Experienced practitioners responsible for planning and performing employee benefit plan audit engagements


Surgent McCoy CPE

This event has ended.