DESCRIPTION
This module is intended to provide the fundamental knowledge and skills a staffperson will need to be effective on employee benefit plan audit teams. The module focuses on common features and plan types, as well as entities staff may encounter when performing employee benefit plan audits. This module also provides an overview of common documents staff will need to be familiar with in order to succeed on employee benefit plan audit engagements.
LEARNING OBJECTIVES
- Discuss the basics of employee benefit plans and how an employee benefit plan Audit may differ from a financial statement audit
- Describe the roles and responsibilities of entities related to benefit plans
- List the basic documents used during an employee benefit plan audit
- Discuss the skills needed to be successful on smaller engagements
