0      0

2022 AICPA & CIMA Employee Benefit Plans Conference

EBP2241 - Everything You Ought to Know About Distributions and Plans Expenses


May 11, 2022 11:15am ‐ May 11, 2022 12:30pm


Standard: $49.00

Description

This session will provide an overview of distributions and common errors in a defined contribution plan and will focus on the testing of distributions and plan expenses for the fundamentals track case study.     * Identify the various types of distributions (retirement, rollovers, hardships, loans, etc.), vesting and forfeitures, as well as the different forms of payment (lump sum, annuities).     * Recall the risk assessment of relevant assertions and the planned audit procedures of the case study.     * Select sampling and testing procedures for distributions (including vesting and forfeitures), participant loans, and hardships utilizing examples from the fundamental track case study.

Learning Objectives:
  • Identify the various types of distributions (retirement, rollovers, hardships, loans, etc.), vesting and forfeitures, as well as the different forms of payment (lump sum, annuities).
  • Recall the risk assessment of relevant assertions and the planned audit procedures of the case study.
  • Indicate sampling and testing procedures for distributions (including vesting and forfeitures), participant loans, and hardships utilizing examples from the fundamental track case study.

Speaker(s):

You must be logged in and own this session in order to post comments.