2021 AICPA & CIMA Employee Benefit Plans Accounting, Auditing and Regulatory Update

Dec 6, 2021 ‐ Dec 7, 2021

This includes sessions from the conference: 2021 AICPA & CIMA | Employee Benefit Plans Accounting, Auditing and Regulatory Update

Preview Available

Retirement Legislative Update

Dec 6, 2021 12:30pm ‐ Dec 6, 2021 1:30pm

The session will provide an update on new and pending legislation affecting retirement plan, including recent pension funding changes and SECURE 2.0. It will also cover regulatory initiatives affecting retirement plan investing, proxy voting, and investment advice

Speaker(s):

• Michael P. Kreps, Principal, Groom Law Group, Chartered

Moderator(s):

• Monique E. Elliott, CPA, Shareholder/Owner, Elliott Group CPAs, PLLC

Preview Available

Audit & Accounting Update Part 1: Current Year Considerations

Dec 6, 2021 1:40pm ‐ Dec 6, 2021 2:30pm

The session will provide participants with an overview of the recently issued accounting and auditing standards, with a focus on SAS 136, Forming an Opinion and Reporting on Financial Statements of Employee Benefit Plans Subject to ERISA. The course will also discuss the new multi-employer chapter in the EBP guide and ASC 606 applicability to EBPs.

Moderator(s):

• Erin S. Breit, CPA, Audit Partner, BDO USA, LLP

Speaker(s):

• Jessica Friedly, CPA, Assurance Partner- Employee Benefit Plans, BDO USA, LLP
• Tiana D. Wynn, CPA, MBA, Partner, SB & Company LLC
• Kerri Franz, CPA, Partner, Weaver, LLP

Preview Available

Audit & Accounting Update Part 2: Q&A

Dec 6, 2021 4:00pm ‐ Dec 6, 2021 4:50pm

Question and Answer session related to SAS 136 implementation.  

Speaker(s):

• Kerri Franz, CPA, Partner, Weaver, LLP
• Erin S. Breit, CPA, Audit Partner, BDO USA, LLP
• Brian Price, CPA, QKA, Partner, Autire Technologies, LLC

Moderator(s):

• Rance Buss

Preview Available

Financial Statement Refresh

Dec 7, 2021 12:30pm ‐ Dec 7, 2021 1:30pm

SAS 136 means that we will need to change our auditors' report. This is also a great opportunity to revisit financial statements and ensure that they are up to date with fair value standards and other relevant standards that impact reporting. We will drill down into key areas that are critical to have in reporting and discuss some of the main challenges within those areas.

Party in interest/related party, fv disclosures, FBRICs, tax status-as examples

Speaker(s):

• Wendy Y. Terry, CPA, CGMA, Partner, WithumSmith+Brown, PC
• Jennifer Allen, Crowe LLP

Moderator(s):

• Kelly Mann, CPA, CEO and Co-Founder, AuditMiner

Preview Available

MEPs and PEPs

Dec 7, 2021 1:40pm ‐ Dec 7, 2021 2:30pm

Update on the new PEPs (Secure Act) - consideration of Form 5500 filings, Audit requirements, etc.

PEP plans and foreseeable audit issues - how to handle; what guidance is available, any tools etc.

Moderator(s):

• Josie L. Hammond, CPA, National Director of Employee Benefit Plans, RSM US LLP

Speaker(s):

• Maria J. Christiaens, CPA, Retired Partner, Eide Bailly, LLP
• Deborah Smith, CPA, Partner, Grant Thornton LLP

Preview Available

Cybersecurity and DOL Guidance for EBPs

Dec 7, 2021 3:00pm ‐ Dec 7, 2021 3:50pm

Thomas Shola, AVP IT Cyber Security Officer with John Hancock Retirement, is responsible for the development, execution and oversight of all GWAM’s (Global Wealth Asset Management) IT risk management and information security activities, with an emphasis on cyber security and continuous improvement of the technical aspects of risk management and security. Thom will provide an overview of the current challenges, industry trends, and best practices for plan sponsors and retirement professionals to follow regarding protecting plan assets, data, and retirement participant’s accounts.

Speaker(s):

• Thom Shola, Manulife Investment Management

Moderator(s):

• Lara G. Stanton, CPA, Assurance Director, Sikich, LLP
• Jason Yepko, CRPS, CPFA, Regional Vice President, John Hancock Retirement