Employee Benefit Plans Conference 2020


This includes sessions from the conference: Employee Benefit Plans Conference 2020

Standard: $379.00

Products

Welcome Remarks & A&A and Tax Update

Preview Available

Welcome Remarks & A&A and Tax Update

Identification: EBP2001

This session will provide an update of various accounting, auditing, and reporting matters affecting employee benefit plans. Our speakers will share their perspectives and experiences.

Speaker(s):
Standard: $49.00

SECURE and CARES Act Revisited

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SECURE and CARES Act Revisited

Identification: EBP2003

Are you ready? After 13 years without significant pension legislation, the SECURE Act was enacted at the end of 2019, and in March of 2020 followed by the CARES Act. We will frame the major changes and recent guidance issued and their impact on compliance, plan design and operation. Topics include: recent guidance for CARES Act distributions; what is new with key SECURE Act topics including multiple employer plans, inherited IRAs, long-term part time employees, life time income disclosure, 403(b) plan impact and other key areas. Get ready to GO!

Speaker(s):
Standard: $49.00

Advanced Investments

Preview Available

Advanced Investments

Identification: EBP2007

Does the plan hold complex investments? Whether a full scope audit or an ERISA 103 (a)(3)(c) audit is performed, the steps to ensure complex investments are properly valued and presented within the financial statements in accordance with appropriate accounting principles remain the same. This session is designed to assist plan administrators and plan auditors in fulfilling that responsibility.

Speaker(s):
Standard: $49.00

Basics of SOC 1 Reports for Use in EBP Audits

Preview Available

Basics of SOC 1 Reports for Use in EBP Audits

Identification: EBP2004

This course provides auditors with the basic knowledge necessary to effectively read and understand the components of a SOC 1 report. Topics addressed include: identifying common SOC 1 reports used in EBP engagements, professional standards auditors must satisfy when incorporating the use of SOC 1 reports into EBP audits and tips on recognizing issues commonly encountered.

*Attendees should consider attending the Advanced SOC 1 Matters for more advanced discussion on issues related to SOC 1's and how to address them.

Speaker(s):
Standard: $49.00

Don't Take A Gamble When Dealing with Major Plan Changes (Mergers, Spinoffs, Terminations)

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Don't Take A Gamble When Dealing with Major Plan Changes (Mergers, Spinoffs, Terminations)

Identification: EBP2009

Differentiate and understand the GAAP treatment, impact to financial reporting and related nuances for:
Mergers
Terminations
Trustee and recordkeeper changes and
Spinoffs

Speaker(s):
Standard: $49.00

The Changing Landscape of Account-Based Health Plans

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The Changing Landscape of Account-Based Health Plans

Identification: EBP2011

This session will cover changes to health reimbursement arrangements (HRAs) and health savings accounts (HSAs) that may lay the groundwork for an emerging shift from defined benefit to defined contribution in the health care space.  Specifically, we will discuss the new IRS, DOL, and HHS rules governing HRAs, effective for 2020 plan years, that allow these arrangements to be used more broadly and flexibly by employers.  We will identify compliance concerns expected to arise as these new arrangements are implemented.  We will also discuss changes to permissible high-deductible health plans associated with HSAs to understand how these arrangements are permitted to cover additional medical items without cost-sharing, and we will compare FSAs with other account-based arrangements.  Finally, we will consider what the future is for these account-based arrangements.

Speaker(s):
Standard: $49.00

Eligibility Rules; Ready Set Go

Preview Available

Eligibility Rules; Ready Set Go

Identification: EBP2008

This session will focus on the general participation and eligibility rules including

  • Measuring Years of Service
  • Using elapsed time and how it’s different from counting actual hours
  • Maximum eligibility rules
  • Permitted safe harbor exclusions
  • Exclusions that affect coverage rules
  • Leased employees
  • Applying the break in service rules
  • Duel Eligibility features (impact on Top Heavy plans)

This session is a beginner session and for those who have a working knowledge and want a refresher.

Speaker(s):
Standard: $49.00

Part I: Risk Assessment Standards & COVID19

Preview Available

Part I: Risk Assessment Standards & COVID19

Identification: EBP2010

This session will address how COVID-19 is impacting EBP audit risk assessments. Participants will learn about areas of heightened risk and common misconceptions detected through peer review while walking through practical examples illustrating how to apply the risk assessment standards in an EBP audit.

Speaker(s):
Standard: $49.00

Defined Benefit Plans - Auditing Census Data and Actuarial Assumptions/Reports

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Defined Benefit Plans - Auditing Census Data and Actuarial Assumptions/Reports

Identification: EBP2014

This session will address the auditor’s responsibilities when working with actuaries’ reports and actuarially determined obligations that comprise a component of the financial statements of a defined benefit plan. We will cover how an auditor might test the key actuarial inputs used in an actuarial valuation as well as testing of the underlying census data that was provided to the actuary. The session will also review other common audit tests that may be utilized when working with actuarial reports.

Speaker(s):
Standard: $49.00

The Aftermath of CARES Act and Continuing the COVID-19 Chronicles

Preview Available

The Aftermath of CARES Act and Continuing the COVID-19 Chronicles

Identification: EBP2015

This session will be a panel discussion covering challenges and the related audit considerations of COVID and the CARES Act facing plan sponsors, service providers and auditors.

Speaker(s):
Standard: $49.00