Advanced Audits of 401(k) Plans: Best Practices & Dev. Webcast [AAFP]
Time: 07:00am-2:30pm
Subject:
AuditingCredit Hours:
8.00Price:
Member: $385.00
Non-member: $500.00
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 November 8, 2026. To register after this date please contact the society at akcpa@ak.net or 907-562-4334.
Full Description
Advanced Audits of 401(k) Plans: Best Practices & Current Developments Webcast (AAFP)November 9th, 2026 / 7:00 am 2:30 pm
Live Webcast / Washington Society of CPAs Virtual Classroom
Looking to improve the quality of your 401(k) benefit plan audits? This is the course for you. Based on recent data from the U.S. Department of Labor and peer reviews on employee benefit plan audits, we know auditors need to up their game to meet stakeholder demands and provide the best possible audit services.
In this advanced course, we will discuss the audit and reporting requirements in accordance with auditing standards. We will also discuss laws and regulations (such as ERISA) that are unique to employee benefit plans and provide practical guidance on their application. Course topics will focus on the most common compliance issues identified in 401(k) audits by the Department of Labor and peer reviews, as well as recommended corrections. Auditors will identify best practices for auditing areas such as payroll and compensation, participant loans, hardship distributions, investments, and plan mergers and acquisitions.
Major Topics:
-Audit requirements for ERISA 103(a)(3)(C) audits
-An annual update of the changes affecting 401(k) plans
-Compliance issues associated with eligibility and enrollments, remittances, lack of oversight, compensation, vesting, and other topics
-Best practices for engagement planning, internal controls, risk assessment, and detailed testing
-Avoiding common mistakes while performing audit procedures
-Plan mergers and acquisitions
-Common audit reporting and disclosure issues
Learning Objectives:
-Identify key provisions of recently issued SASs
-Identify the current year changes to the rules and regulations affecting 401(k) plans
-Understand the most common compliance issues encountered in 401(k) plan audits, pitfalls to watch out for, and strategies to ensure compliance
-Perform efficient and effective procedures associated with planning, internal controls, risk assessments, and detailed audits
-Explain the documentation and procedures related to plan mergers and acquisitions
-Discuss the best practices associated with advanced audit areas, including participant loans, payroll, compensation, and investments
-Understand the risks associated with a benefit plan audit engagement
Designed For: Experienced practitioners responsible for planning and performing employee benefit plan audit engagements
CPE Credits: 8, Auditing
Level of Knowledge: Advanced
Prerequisite: A basic understanding of auditing defined contribution plans
Acronym: AAFP
Discussion Leader: Robert P. Bedwell, CPA
