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Audits of 401(k) Plans: New Developments and Critical Issues for an Effective and Efficient Audit

When
Dec. 11
8:00 a.m. - 4:00 p.m.

Where
Regional Learning Alliance
Cranberry - Map it

CPE Credits
8-A&A

Details

 Pricing

PICPA Member: $275 | Nonmember: $375

CLE Credit Add-On: $50


 More Information

Course No.
743600
Level
Basic
Prerequisites
Basic understanding of audits of defined contribution plans
Note

This program is designed for experienced practitioners responsible for planning and performing employee benefit plan audit engagements.

This course is only offered once in 2018.

Description

Learn how to prepare an employee benefit plan audit engagement. Grasp the importance of reading, reviewing, and documenting controls in a service organization control report. Identify audit triggers that may result in an inspection by the Department of Labor.

Highlights

  • Annual update of changes affecting 401(k) plans
  • Common mistakes noted in peer reviews and DOL inspections
  • Risks associated with an employee benefit plan audit engagement


Speaker(s)

Daryl G. Krause, CPA

Mr. Krause has CPA certifications in several Midwestern states. He practices public accounting as manager and CEO of his regional CPA firm, DG Krause LLC, headquartered in Indianapolis, Indiana. Founded by Daryl in 2005, DG Krause LLC is a member of the AICPA’s Employee Benefit Plan Audit Quality Center and performs employee benefit plan audit services for which Daryl serves as the sign-off partner.

Since 2008, Daryl has led more than 300 CPE programs for the AICPA, Surgent, the Ohio Society of CPAs, Indiana CPA Society, and other state societies, as well as in-house programs sponsored by firms and organizations. He has led programs in 35 states and the District of Columbia for the AICPA alone. He was a speaker and developed content for a session at the AICPA’s National Employee Benefit Plans Conference in May 2017. He has performed technical reviews during the development of certain AICPA CPE programs, with current projects in progress including updating the content of the Leases: Mastering the New FASB Requirements and The Bottom Line on the New Lease Accounting Requirements programs for 2018. He is the Content Matter Expert for AICPA’s Accounting Trends & Techniques Employee Benefit Plans – Best Practices in Presentation and Disclosure – Sixth Edition (2016), and author of two 2017 employee benefit plan-related DG Krause LLC CPE programs offered by the Indiana CPA Society.

Previously he enjoyed 23 years of diversified responsibilities with Ernst & Young. Industries he served included manufacturing, construction, real estate, and financial services. Roles included Ohio Valley Area Director of Employee Benefit Plan Services; Senior Manager in the Entrepreneurial Services group; and Senior Manager in National Professional Development group, which involved designing, developing and delivering core curriculum Audit and Entrepreneurial Services training programs for the entire U.S. practice.

Mr. Krause holds a Bachelors of Business Administration in Accounting from the University of Wisconsin-Oshkosh.

2/2018


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