What Fiduciaries Need to Know about Administering Employee Benefit Plans
In this webcast, recorded April 2022 at AAFCPAs’ Nonprofit Educational Seminar, leaders in AAFCPAs’ Employee Benefit Plan Audit & Consulting practice, Shawn Huxley and Davide Villani, provide attendees with what they need to know about their obligations to provide promised benefits and to satisfy ERISA’s requirements for managing and administering private retirement and welfare plans. This includes an overview of a new AICPA Statement on Auditing Standards enacting new requirements in all phases of an audit of ERISA plan financial statements (EBP audit), including engagement acceptance, risk assessment and response, communication with those charged with governance, performance procedures, and reporting.