Relying on actuarially generated information is becoming an increasing material part of government audits. This session will provide background and perspective on the actuarial profession and how their professional standards differ from those of accountants. It will then address specific considerations for auditing actuarial information including pension or OPEB questions to ask the actuary.
Apply auditing guidance for relying on the work of a specialist to actuarial information and actuaries.
Determine specific areas of emphasis when auditing actuarial information for pensions and OPEB.