Audits of 401(k) Plans: New Developments & Critical Issues Web. [AFPLOC]
Time: 07:00am-2:30pm
Subject:
AuditingCredit Hours:
8.00Price:
Member: $380.00
Non-member: $490.00
Discussion Leader:
Robert P. Bedwell, CPA
more info
Bob is an accounting and finance professional with over 39 years of audit and accounting experience. Bob’s experience includes a full range of corporate accounting and assurance services, including financial statement preparation, auditing, SEC reporting, mergers and acquisitions, divestitures, due diligence, financing regulatory compliance, accounting system oversight, internal controls, IFRS conversions, Sarbanes-Oxley compliance advisory, and the independent review of external data. He is currently director of administrative services at Progressive Care Inc. in Hallandale Beach, Florida. Bob has been a discussion leader on numerous topics for Surgent Professional Education, the Florida Institute of Certified Public Accountants, and the American Institute of Certified Public Accountants, as well as for the firms for which he has worked, and has received high evaluations for his knowledge of topics and presentation skills. Subject areas for which Bob has served as a discussion leader (and, in some cases, author) include: professional ethics; fraud risk; and a variety of accounting and auditing overviews and standards updates. Bob received his Bachelor of Science in accounting and finance from Upsala College in East Orange, New Jersey, and has also earned a master’s degree in accounting from Florida Atlantic University. Licensed as a Certified Public Accountant in Florida, Bob is a member of the Florida Institute of Certified Public Accountants (FICPA) and the American Institute of Certified Public Accountants. He has previously served as chairman of the FICPA Accounting Principles and Auditing Standards Committee.
closeWebsite registration for this course closes on October 19, 2025. To register after this date please contact the society at akcpa@ak.net or 907-562-4334.
Full Description
Audits of 401(k) Plans: New Developments & Critical Issues Webcast (AFPLOC)October 20th, 2025 / 7:00 am 2:30 pm Alaska Time
Live Webcast / Washington Society of CPAs Virtual Classroom
One of the most favored employee benefit plans, the 401(k) plan, provides unique challenges for auditors. Through this course, auditors will obtain an understanding of the rules and regulations unique to employee benefit plans and obtain practical guidance on applying them. Auditors will enhance their knowledge of the performance and reporting requirements through real-world examples, best practices, and efficient audit techniques that can be utilized in various audits.
Highlights:
Proper planning of benefit plan audit engagements and developing audit strategy while improving overall efficiency. Common pitfalls in planning and detailed audit procedures. Changes affecting 401(k) plans, including recently issued SASs. Common mistakes as noted in peer reviews and DOL inspections.
Learning Objectives:
Identify the key provisions of recently issued SASs Properly document understanding of the plan, the environment, and internal controls for an employee benefit plan. Understand the importance of reading, reviewing, and documenting the controls in a service organization control report. Identify potential audit triggers that may result in Department of Labor inspections. Understand the risks associated with a benefit plan audit engagement. Avoid common mistakes noted during peer reviews.
Designed For: Practitioners responsible for planning and performing employee benefit plan audit engagements.
CPE Credits: 8, Auditing
Level of Knowledge: Basic
Prerequisite: Basic understanding of auditing defined contribution plans.
Acronym: AFPLOC
Discussion Leader: Robert P. Bedwell, CPA
