This virtual conference will be held during two consecutive 4-hour days (8:30 am - 12:35 pm on May 25 & 8:30 am - 11:50 am on May 26).
Please note that when you register for this conference you are automatically registering for both days.
This CTCPA conference updates practitioners on a variety of topics in the employee benefit plans area.
Auditing in a Remote Environment
MEPS, PEPS and Group Plans: The Changing Multiple Employer Plan Landscape---2021 and Beyond
Qualified Plan Regulatory Updates
Audit and Accounting Update for Employee Benefits Engagements
Ask the Experts
Auditors of employee benefit plans or who advise companies in this area, as well as benefit plan administrators
By registering for this program and, accordingly, receiving the eMaterials, you're acknowledging that you understand both the copyright restrictions on your eMaterials and the CTCPA cancellation policy.
Tuesday, May 25
Presented by: Marcus J. Aron, CPA, CGMA - Acting Chief, Division of Accounting Services, Employee Benefits Security Administration, U.S. Department of Labor
Jason D. Newman, CPA - Partner at CohnReznick LLP
Do you wonder what’s going on at EBSA's Office of the Chief Accountant? Well, wonder no more. This session will include a discussion of the work done with regard to plan audits and Form 5500 filings, as well as changes to the 2020 Form 5500 to align with SAS 136. Learn common reporting deficiencies and tips on how to help your clients be compliant with ERISA. Also learn why some audits of employee benefit plans are deemed deficient and what you can do to help make sure your audits are satisfactory.
Presented by: Stevie Dennis - Senior Director, National Professional Standards Group at RSM US LLP
This session will cover:
• Planning and risk assessment considerations during a remote audit engagement
• Effectively managing and supervising engagement teams throughout a remote audit engagement
• Effectively managing clients throughout a remote audit engagement
Presented by: George J. Kasper, Esq. - Partner at Pullman & Comley LLC
Matt Petralia - Regional Director-Northeast at Newport Retirement Services
Our panel of experts will focus on some of the most significant changes in the SECURE Act relating to Multiple Employer Plans (MEPs) and the new Pooled Employer Plans (PEPs). If you want to help your plan sponsor clients optimize the SECURE Act’s provisions, this is a webinar you won’t want to miss.
The SECURE Act created a new type of collective retirement plan known as a PEP which allows unaffiliated employers to come together under a single plan without being subject to the limitations of MEPs which present a variety of issues such as legal exposure, high costs, and administrative complexity for employers. As of Jan. 1, 2021, employers will have the option of utilizing PEPs. PEPs can provide lower plan fees and expenses, simplified administration, and the shifting of fiduciary risk from employer to the PEP provider.
MEPs to PEPs and Group Plans is basic overview of the features, suitability and application of the traditional Multiple Employer Plan, the SECURE Act’s Pooled Employer Plan and Group Plans. As well as
insight for advisors on how to help their clients evaluate their plan options, practical methods in avoiding compliance pitfalls, and navigating ERISA and IRS rules and limitations..
Wednesday, May 26
Presented by: David Beck, CPA, QPA, ERPA – Principal, PASI, LLC
Stacy Farber, CPA - Principal and Lead Partner in Charge of Employee Benefit Plans for the NE Region of UHY, LLP
In this session we will discuss the audit-specific provisions of the CARES Act and SECURE Act. We will also be discussing the partial plan termination rules, and some recent pandemic-related modifications to those rules.
Presented by: Joseph E. Manfré, CPA - Founder and President of MANFRE CPA P.C.
The Department of Labor (DOL) oversight and monitoring of audit quality has intensified and will continue for employee benefit plan (EBP) audits for the foreseeable future. Get ahead by evaluating the impact of the additional suite of auditing standards issued in 2020 designed to refocus on the auditor’s report with additional information communicated to users. An immediate and thorough evaluation of the impact of these standards will be required. These standards address concerns of users for more communication and better understanding of issues encountered by the auditor during the conduct of the audit.
Participants will be able to:
- Identify changes in the reporting model under the new standards, including those to AU-C Section 730 pertaining to ERISA plan audits
- Understand the reporting requirements and how they affect format and content
- Review examples of the new report format and content
Topics Covered Include:
- Modifications, replacements and additions to guidance presented by each new standard
- Format and content of auditor report
- New requirements to disclose Key Audit Matters
- New requirements for going concern
- Performance requirements for ERISA audits
- Reporting on ERISA required supplemental schedules
- Effect of new standards on procedures, communication of reportable conditions and Auditor responsibilities for other information included in annual reports
- Effect of new standards on related party transactions, fraud and communication with those charged with governance
Presented by: Various speakers from the conference
Finish the day with an open Q and A forum with our panel of experts that taught each of the sessions.
Non-Member Price $394.00
Member Price $269.00