Employee benefit
plans

conference 2019

May 21, 2019
Penn State Great Valley, Malvern

7:15 a.m. - 4:00 p.m.
Credits: 7-A&A; 1-Other

PICPA Member: $329  -  Nonmember: $429

In this conference you will learn how to:

  • Analyze the most up-to-date regulations and standards and how they will impact your clients and your practice.
  • Develop best practices to eliminate cyberthreats.
  • Create processes to prepare for compliance with the new peer review checklist.
  • Add value to your client relationships.
  • Get the latest information from the DOL on the most recent developments.

Thank You to Our Sponsor

Logo for The Premier Healthcare Solution

Sponsor this Conference!
Contact Kelli Comegys at kcomegys@picpa.org for details.

Conference Agenda

7:15 a.m.
 
Breakfast and Check-in
7:45 a.m.
 
Greetings from PICPA Leadership
8:00 a.m.
 
1-A&A
Hot Off The Press—The Latest A&A Standards for Employee Benefit Plan Auditors 
  • FASB ASU No. 2017-06, Employee Benefit Plan Master Trust Reporting
  • FASB ASU No. 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities
  • FASB ASU No. 2018-09, Codification Improvements
  • Gain an introduction to guidance that is on the horizon including:
    • FASB ASU No. 2018-13, Changes to the Disclosure Requirements for Fair Value Measurement
    • Key changes to the new Employee Benefit Plan Auditor Reporting Standard
  • The latest AICPA initiatives and what they mean for employee benefit plan audits including:
    • The Employee Benefit Plan Audit Guide and how it will be impacted by the new multi-employer plan chapter and Employee Benefit Plan Auditor Reporting Standard
    • AICPA Risk Assessment focus and learning initiative

Speakers

David A. Torillo, CPA, ABV, CVA
Managing Member
Torillo & Associates LLC
JulieAnn C. Verrekia, CPA
Director of Quality Control
Torillo & Associates LLC
8:50 a.m.
 
NEW
1-A&A
The Ins and Outs of Auditing Investments
  • Identifying investment types
  • Auditing investments in a limited and full scope engagement
  • Investment presentation and disclosure in the financial statements

Speaker

Donna M. Massanova, CPA
Partner & Leader, EBP
Baker Tilly Virchow Krause LLP
9:40 a.m.
 
Take a Breather
9:55 a.m.
 
1-A&A
Peer Review for Employee Benefit Plan Auditors
  • Progress of the AICPA’s Enhancing Audit Quality Initiative and how it impacts your firm
  • AICPA enhanced oversight findings
  • Key areas of focus
  • Practical resources and examples

Speaker

Allison M. Henry, CPA
Vice President, Professional & Technical Standards
Pennsylvania Institute of CPAs
10:45 a.m.
 
1-A&A
Cybersecurity Considerations for Employee Benefit Plans
 
  • How employee benefit plans are vulnerable to cyber-attacks
  • Potential consequences of a cyber attacks, including costs and operational disruptions
  • Plan fiduciary's responsibility for protecting plan information and responding to incidents
  • Plan auditor’s responsibility for evaluating cybersecurity risk and controls
  • How to monitor service providers
  • Best practices for plan administrators
  • How cybersecurity will affect employee benefit plans in the future.

Speaker

Troy J. Fine, CPA CITP, CISA
Manager-Risk Advisory Services
Schneider Downs & Co. Inc.
11:35 a.m.
 
Lunch
12:25 p.m.
 
NEW
2-A&A
The A Team: Adding Value to your Clients 
  • Communicating current trends with qualified retirement plans
  • Educating your clients on current plan design strategies and trends
  • Best practice and process recommendations
  • Frequent communication and client meetings
  • Common plan correction examples and how to assist your clients
  • Understanding available resources for auditors and plan sponsors, including the Department of Labor and AICPA Audit Quality Center

Moderator

Jill E. Gilbert, CPA, CGMA
Partner, Audit Services Group
RKL LLP

Panelists:

Kurtzman,-Melissa 
Melissa B. Kurtzman, JD
Shareholder & Co-Chair, Employee Benefits Practice Group
Littler Mendelson
Hall,-Ben 
Benjamin Hall
VP & Managing Director
JKJ Retirement Services
Diehl,-Susan 
Susan D. Diehl, QPA, CPC, ERPA
President
PenServ Plan Services Inc.
2:05 p.m.
 
Snacks and Chats
2:20 p.m.
 
1-A&A
Recent Developments in the Department of Labor
 
  • Critical updates from the Department of Labor
  • New FASB Accounting Standards Updates and what they mean for your employee benefit plan audits
  • Department of Labor enforcement initiatives
  • Update on latest issues
  • Ask the DOL all your burning questions

Speakers

Lavenberg,Bob 
Robert A. Lavenberg, CPA, JD, LLM
President
ERISAWorks LLC
McMennamin,-Lynne 
Lynne McMennamin, CPA
Supervisory Reporting and Compliance Specialist
United States Department of Labor, EBSA, Office of the Chief Accountant
3:10 p.m.
 
1-Other
Ask the Experts

Ask a line-up of experts your most pressing questions.
Send your questions in advance to eovelman@picpa.org

Moderator

 
Jill E. Gilbert, CPA, CGMA
Partner, Audit Services Group
RKL LLP


Panelists:

Diehl,-Susan 
Susan D. Diehl, QPA, CPC, ERPA
President
PenServ Plan Services Inc.
Hall,-Ben 
Benjamin Hall
VP & Managing Director
JKJ Retirement Services
Kurtzman,-Melissa 
Melissa B. Kurtzman, JD
Shareholder & Co-Chair, Employee Benefits Practice Group
Littler Mendelson
Lavenberg,Bob 
Robert A. Lavenberg, CPA, JD, LLM
President
ERISAWorks LLC
Donna M. Massanova, CPA
Partner & Leader, EBP
Baker Tilly Virchow Krause LLP
4:00 p.m.
 
See You Next Year


Credits & Fees

Credits: CPE Credits: 7-A&A, 1-Other

Fees:
PICPA Member: $329
Nonmember:  $429
ClassPass:  8 hours
CLE Credits:  $50

ClassPass      flexAccount200x75

Use your ClassPass, ClassPass Mini, or Flex Account to register. Find more information about PICPA discounts.

CLE Credits: This conference has been submitted for 8 Substantive CLE credits. Attorneys requesting CLE credits must include an additional $50.

Details:

Prerequisites: None
Level: Update

Location & Accommodations:

Penn State Great Valley Conference Center Building
30 E. Swedesford Rd. | Malvern, PA 19355
(610) 648-3200

For overnight accommodations, please contact the Desmond Malvern a DoubleTree by Hilton at (610) 296-9800 and identify yourself as a PICPA conference participant to receive the discounted rate: $179 single/double.