Audit

This session will address answers to a wide array of credit union questions regarding unusual and/or infrequent accounting transactions. It will also cover some "best practice" ideas developed for complying with complex or time-consuming accounting tasks…

Auditing is an art. Generally Accepted Auditing Standards (GAAS) sets the standards under which we perform an audit but, complying with those standards can be an art unto itself. Come join us to discuss real life experiences in auditing with two experienced credit union auditors…

An up-tempo look at the latest auditing standards and how they will affect auditors and the companies they audit…

The AICPA Chief Auditor will discuss recently issued standards for audits (SASs) and attestation engagements (SSAEs)…

This session will discuss key issues for employee benefit plans audits in peer review.  It will include a brief overview of the peer review process and a discussion of the grey areas that peer reviewers are looking for…

The effects of COVID 19 are being felt worldwide and the financial institutions industry is feeling it acutely. Credit unions are evaluating their ALLL reserves and lending policies and practices. The financial downturn also affects impairment accounting…

Understanding the implications of COVID 19, government stimulus, and economic volatility under the incurred loss accounting model…

This session will discuss recent audit and accounting standards which impact employee benefit plan audits. Also, there will be discussion about relevant tools and resources which can be used to assist in identifying and applying recent guidance…

This course will provide an overview of employee stock ownership plans (ESOPs). Topics will include what is an ESOP, how it works differently than other qualified plans, and the differences for C vs S corporations with ESOPs…

This session will provide an overview of the peer review process ( including recent changes), identify key areas in peer review on which to focus to successfully navigate (and hopefully pass) your firm's review, and share lessons learned from "not so perfect" reviews…

The session will provide an overview of planning and risk assessment considerations under AU-C Section 703…

This session will provide an overview of the key compliance tests for benefit plans. We will cover the auditor’s responsibility related to the testing and impact on the audit. Additionally, we will discuss the impact of common testing failures on the audited financial statements…

Like other tax-exempt entities, employee benefit plan trusts are subject to the unrelated business income (UBI) tax rules of IRC sections 511 through 514. This session will explore potential UBI from alternative investments, special rules for section 501(c)(9) VEBAs, and state income tax matters…

This session will focus on key aspects of what is involved with detailed claims testing in a health and welfare plan environment…

Defining compensation and how to use it is can be one of the most complex issues to tackle in the audit of an employee benefit plan. Using the wrong compensation continues to be one of the most common errors found in plans and can jeopardize the plan’s tax status if not corrected…

A 403(b) Plan is a tax-advantaged retirement plan designed for non-profit organizations and certain government entities. The 403(b) Plan is similar to a 401(k) Plan, although it offers several enhanced benefits, such as catch-up contributions for tenured employees…

This session will highlight common financial statement and reporting hiccups for defined contribution, defined benefit and health and welfare plans…

If you are looking for tax resources to complement your practice, look no further than this session. It’s for all practitioners regardless of your area of expertise. We will highlight important tax policy and regulatory initiatives focused on by the AICPA…

In this session we'll explore ESG investing beginning with understanding the ESG aspects of investing following by considering the investment evaluation methods and metrics related to ESG issues, and the integration of these investments, principles and processes into retirement plans…

The session will provide an overview of concluding and reporting considerations under AU-C Section 703…

Hear from the cyber experts behind one of the top recordkeepers for 401(k) plans and an attorney who helps plan sponsors protect against cybercrime as well as works to ensure compliance with reporting requirements…

The objective of this session is to highlight the ways in which auditing an ESOP differs from auditing a 401(k) plan. Topics to be covered include risk assessment considerations, how to audit key ESOP accounts and transactions, and unique ESOP financial statement presentation and disclosure matters…

This session will focus on qualified retirement plan operational errors, including their potential impact on financial reporting and communications to plan management and those charged with governance…

This session will consist of an overview of MEP, PEPs and MEWAs from the lens of Multiple Employer Plan service providers. We will discuss changes in the Multiple Employer Plan environment and common obstacles faced by service providers while building out PEP plans on their respective platforms…