DESCRIPTION
This module is designed to provide an overview of a key audit area on employee benefit plan engagements: contributions. Participants will learn the common risks associated with this audit area, the objectives of the testing, common testing procedures, and will have the opportunity to practice applying these concepts through hands-on exercises.
LEARNING OBJECTIVES
- Identify risks surrounding contributions to a benefit plan
- Understand how to locate key information related to contributions within the plan document
- List common testing approaches and best practices for proper documentation
