Employee Benefit Plan (EBP) Fundamentals

Employee Benefit Plan (EBP) Fundamentals - Part VI

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Availability

On-Demand

Cost

Member: $69.00

Non-Member: $85.00

Retired: $69.00

Educator & Government & Non-Profit Member: $69.00

Credit Offered

2 CPE Credits

Field of Study:

2 Accounting

Part VI of the Employee Benefit Plan (EBP) Fundamentals program is made up of two modules which help explain the unique financial reporting requirements of 401(k) plans including:

Plan financial statements
Financial statement disclosures

Learning Outcomes

Recall the required 401(k) plan financial statements
Recognize the disclosures required in the notes to the financial statements

Key Topics

Net assets available for benefits in the financial statements
Changes in net assets available for benefits in the financial statements
Disclosures required by FASB ASC 962
Required general FASB ASC disclosures
Disclosures required by ERISA and recommended by FinREC

Who Will Benefit

Auditors who want a foundational understanding of Employee Benefit Plans (EBP) subject to audit under the Employee Retirement Income Security Act (ERISA), and how they differ from commercial entities they audit.