- NY Credits : 6.0
- TX Credits : 6.0
This interactive self-study course discusses the procedures that auditors must address at the conclusion of the audit of an employee benefit plan. Lesson 1 discusses commitments and contingencies, subsequent events review, related parties, parties in interest, prohibited transactions, going concern considerations, and written representations. Lesson 2 takes a look at considering the accumulated results of audit procedures; analytical review; the review of workpapers; summarization and evaluation; drafting financial statements, required supplemental schedules, and the auditor’s report; and the client communication.
Course Expiration Date: May 31, 2021
Please note, the grading fee for answer sheets submitted by regular mail is $109.
Determine what procedures an auditor needs to perform in relation to commitments, contingencies and subsequent events review.
Identify the procedures employee benefit plan auditors need to perform for related parties, parties in interest, prohibited transactions, going concern considerations, and written representations at the conclusion of the engagement.
Recognize how the auditor should address the accumulated results of audit procedures, analytical review, workpaper review, and summarization and evaluation at the conclusion of the audit engagement.
Identify the appropriate procedures that an auditor should perform related to drafting the financial statements, required supplemental schedules, and auditor's report.
Determine what client communications are needed at the conclusion of the audit.
Lesson 1—Procedures Performed at the Conclusion of the Audit
Lesson 2—Evaluating, Reporting, and Communicating the Results of the Audit