Description
The purpose of this session is to provide an high-level overview of the how benefits are accumulated. The session will focus on the practice of auditing census data and benefit payments including a review of testing strategies. This session will include a discussion of how audit teams should approach the evaluation and audit of the assumptions that are being used by actuaries when calculating the accumulated plan benefits. Attendees will:
1. Recall an understanding of actuarial assumptions
2. Identify key actuarial assumptions
Speaker(s):
- Stephen
Eisenstein,
FSA, EA, FCA, MAAA,
Senior Manager,
KPMG LLP
- Kimber
L. Smail-Benedict,
CPA,
Partner,
Plante Moran,PLLC
