Auditing Employee Benefit Plans


Audits of employee benefit plans are among the leading causes of AICPA ethics investigations. With the increase in DOL investigations and changing peer review requirements, employee benefit plans are becoming an area of focus and risk. Avoid unwittingly adding your company or firm—and yourself—to the list of tarnished reputations. This seminar will enable you to:

  • Perform an efficient and effective audit in accordance with GAAS
  • Ensure that the plan’s financial statements comply with GAAP, ERISA and DOL regulations
  • Understand auditors’ responsibilities for Form 5500
  • Avoid common pitfalls
  • Stay abreast of the current and/or upcoming changes



To develop the knowledge and skills to plan and conduct audits of employee benefit plans efficiently and in accordance with GAAS, as well as various government regulations. You will gain an understanding of the auditor’s responsibilities and special reporting requirements.

  • Audit planning and risk assessment
    – Understanding the control environment
    – Substantive analytics
    – Using a service organization (SSAE No. 16) report
  • Review ERISA and DOL regulations
  • Form 5500
  • Avoiding common errors
  • Assessing the level of testing for:
    – Investments
    – Contributions
    – Benefit payments
    – Payroll
    – Participant data
  • Financial statement presentation and disclosures
  • Current accounting and auditing update

Basic knowledge of auditing and financial accounting.


No advance preparation required.

Level of Knowledge: 


CPE Credit: 
NASBA Field of Study: