Current Practice Issues & Solutions in Audits of EBP [AEBP Anc]
Subject:
Time: 8-4
Credit Hours:
8.00Price:
Member: $295.00
Non-member: $445.00
Discussion Leader:
Gregory M. Clark, CPAGregory M. Clark, CPA, CGMA, is a Principal with the Business Compliance & Controls Group (BCCG), an accounting and consulting firm specializing in technical audit and accounting training and consulting, employee benefit plan audits, compliance and training, internal controls consulting and training, and assessments, technical accounting consulting, and engagement quality control review services.
With more than 39 years of experience in the financial statement assurance and business compliance field, Greg has participated in all aspects of numerous attest engagements, including plan audit and business risk assessments, plan internal control assessment and design, plan regulatory compliance, financial reporting and quality control assessments, and administration contract compliance. BCCG provides technical accounting and auditing consulting services, continuing professional education services, quality control and effectiveness reviews, and compliance assistance to small businesses and CPA firms performing attest engagements.
Greg is a nationally known speaker on employee benefit plans, technical accounting and auditing, operational auditing and internal controls evaluations, integrated auditing, organizational risk assessments, and various other topics. In 2019, he received the Surgent Outstanding Discussion Leader Award because of his consistently high evaluations for knowledge and presentation skills. Greg currently serves on the AICPA EBP Expert Panel, the AICPA Employee Benefit Plan Conference Program, the Georgia CPA Society Southeastern Accounting Show Task Force, and the Georgia Employee Benefit Plan Conference Committee. Greg has worked with accountants and auditors from throughout the world; many Fortune 500 companies; and numerous local, regional, and national CPA firms and small business clients as well as more than 46 state CPA society CPE organizations.
Full Description
Loscalzos Current Practice issues and Solutions in Audits of Employee Benefit PlansIncludes Practice Aids Updated for New Developments
August 13, 2012
Location:
Alaska Society of CPAs
341 West Tudor Rd. #105
Anchorage, AK 99503
$295 Member Fee
$445 Non Member Fee
Why Attend This Course?
Employee benefit plan audits continue to present a myriad of practice issues and risks that practitioners must address.
This advanced course will give you the skills to:
Identify and address difficult and complex accounting, audit and financial reporting issues
Stay current on ongoing regulatory initiatives
Effectively document required auditing procedures
Objective
Participants will be able to:
Address and implement current changes and issues in financial reporting for employee benefit plans including the new 403(b) audit and reporting requirements
Address current auditing issues and challenges facing employee benefit plans
Prepare adequate and sufficient audit documentation
Avoid mistakes in audit testing and financial reporting
Major Subjects
Current legislative and compliance initiatives and issues... Current DOL and EBSA programs, initiatives and regulatory requirements... Form 5500 filing requirements, issues and changes... Current auditing issues and risk areas inherent in plan audits Fair value accounting measurement, disclosure and reporting issues 403(b) plan audit requirements considerations Updating planning and testing of the RAS standards in EBP audits... Common noted practitioner deficiencies and errors... Common peer review issues and requirements... EBP financial statement disclosure issues and problems... Unique accounting requirements for defined benefit plans and health and welfare plans
Who Will Benefit:
Practitioners in public accounting firms that audit employee benefit plans
Field of Study: Accounting & Auditing
Level of Knowledge: Intermediate to Advanced
Prerequisites:Experience in conducting audits of employee benefit plans
Advance Preparation: None
Credits: Accounting 4 hrs Auditing 4 hrs
Acronym: AEBP
Discussion Leader: Gregory M. Clark, CPA is an author and discussion leader for LOSCALZO ASSOCIATES LTD. and a Principal with the Business Compliance & Controls Group (BCCG) an accounting consulting firm specializing in employee benefit plan audits and compliance, internal controls auditing, consulting and assessments, and technical accounting training and consulting.
With more than 30 years experience in the audit and business compliance field, Greg has participated in all aspects of employee benefit plan engagements, including plan audit and business risk assessments, plan internal control assessment and design, plan regulatory compliance, data retention management, and administrative contract compliance. BCCG provides technical accounting and auditing consulting services, quality control reviews and effectiveness reviews and compliance assistance to CPA firms performing both general attest and employee benefit plan engagements throughout the United States.
Greg is an internationally known speaker on the topics of employee benefit plans, technical accounting and auditing, operational auditing and internal controls assessment and evaluation, data retention management, organizational risk assessments and various other topics. Greg has worked with accountants and auditors from international companies throughout the world, many Fortune 500 companies, numerous local, regional, and national CPA firms, and for more than 40 State CPA societies.
