Employee Benefit Plans - Auditing Significant Areas Webcast [EBPA4]

Subject:

Nov 15, 2024
Time: 8:30am - 12:30pm
Auditing

Credit Hours:

4.00

Price:

Member: $155.00
Non-member: $225.00

Discussion Leader:

Joseph E. Manfre, CPA

Joseph E. Manfré, licensed as a CPA in New York, is a discussion leader for Kaplan Financial Education, powered by Loscalzo Institute. He is the Founder and President of Manfre CPA P.C., A Professional Corporation, located in Armonk, New York. While the services his firm offers to individuals and businesses are diverse, their specialization focuses on servicing the needs of multi- and single-employer employee benefit plans and labor unions. Joe is licensed in the State of New York and has been servicing the needs of single-employer and multi-employer benefit plans for most of his 40-year career in accounting. He previously was the chairman of the NYSSCPAS Employee Benefits Committee and has been a speaker on audits of employee benefit plans at their annual conference. Joe is also referred to by the NYSSCPA hotline for audit and tax related questions on employee benefit plans.

Joe’s experience and contacts in the employee benefits and labor industries prove invaluable to Benefit Funds Trustees and Management and Labor Executives, as well as to CPA firms with employee benefit plan audit and tax practices. His business and personal tax experience is also invaluable to individuals and business owners alike. Joe is a member in good standing of the AICPA, NYSSCPA, and the International Foundation of Employee Benefit Plans. He earned his BBA degree in accounting from Bernard Baruch College.

Full Description

Employee Benefit Plans Auditing Significant Areas Webcast (EBPA4)

November 15th, 2024 / 8:30 am 12:30 pm

Live Webcast / Zoom

The Department of Labor (DOL) oversight and monitoring of audit quality have intensified and will continue for employee benefit plan (EBP) audits for the foreseeable future. The AICPA initiative on Audit Quality has also addressed the issue through the peer review process. This course discusses the deficiencies noted in peer reviews in significant audit areas. Skills and knowledge will be covered in the following areas:
Stay current on regulatory initiatives, findings, and actions
Identify and address recurring difficult and complex accounting, auditing, and financial reporting issues in EBP engagements
Effectively perform required auditing procedures
Document evidence obtained to support the opinion
Identify deficiencies and focus on best practices

Learning Objectives:
Participants will be able to:
- Understand the required audit procedures for selected accounts
- Identify current auditing issues with common-sense solutions
- Prepare adequate and sufficient audit documentation that will satisfy the professional standards for documentation and the DOL
- Avoid mistakes and deficiencies in financial reporting and disclosures noted by DOL Audit Quality Study and Peer Reviews

CPE Credits: 4, Auditing

Level of Knowledge: Intermediate

Prerequisite: Experience on Audits of Employee Benefit Plans

Acronym: EBPA4

Discussion Leader: Joseph E. Manfre, CPA