- NY Credits : 9.0
- TX Credits : 9.0
This interactive self-study course discusses the pre-engagement and audit planning necessary for the audit of an employee benefit plan. Topics covered include engagement acceptance and continuance; understanding the plan, its environment, and its internal control; and auditing planning decisions and judgments.
Course Expiration Date: March 31, 2022
Please note, the grading fee for answer sheets submitted by regular mail is $119.
Identify the engagement acceptance and continuance procedures an auditor may need to complete when auditing an employee benefit plan and how to document that decision.
Recognize how to document the terms of an engagement with an employee benefit plan client and what audit planning procedures might be necessary.
Determine best practices for obtaining an understanding of an employee benefit plan and its environment.
Recognize the best methods for obtaining an understanding of an employee benefit plan’s internal control.
Identify the audit planning decisions and judgments necessary in an employee benefit plan audit.
Determine the best methods for dealing with issues such as audit sampling, detailed audit plans and workpapers, and initial engagements.
Lesson 1—Engagement Acceptance and Continuance and Audit Planning
Lesson 2—Obtaining an Understanding of the Plan, Its Environment, and Its Internal Control
Lesson 3—Audit Planning Decisions and Judgments and Other Topics Related to Pre-engagement Activities and Audit Planning