OasisLMS

Employee benefit plans decoded

Knowing the latest developments for employee benefit plan engagements that may need special attention in a peer review will help you ensure they meet applicable standards. You’ll learn:

• Ways to ensure engagements under review meet the quality standards
• How to identify quality problems
• Recent changes in the public interest and their impact on peer review

Ensuring compliance

You’ll also find out about the most common areas of noncompliance with professional standards uncovered by the Department of Labor. Topics covered include:

• Results from the Department of Labor’s most recent audit quality study
• The most common deficiencies identified
• Resources and information to discuss with clients

Learning Outcomes

• Identify common employee benefit plan audit issues pointed out by the Department of Labor and peer review.
• Apply lessons learned from deficiencies to improve the quality of employee benefit plan audits.
• Analyze new professional standards and their impact to employee benefit plan audits.

Key Topics

• Department of Labor audit update
• Common deficiencies identified — Where can we improve?
• Refresh — Unique considerations of an ERISA Section 103(a)(3)(C) audit
• Unique risks to benefit plans
• Recent and upcoming changes to professional guidance

Who Will Benefit

Peer reviewers who review employee benefit plan audits