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Technical

Employee Benefit Plan Fraud Examples Logo aicpa

  EBPAQC |   Free |   AICPA |   AICPA.org

This document is a summary of actual fraud cases compiled from submissions by auditors of employee benefit plans.

Topics covered:
  • Employee benefit plan auditing: Technical: Defined contribution plans: Audit risk assessment, Foundational
  • Employee benefit plan auditing: Technical: Defined benefit plans: Audit risk assessment, Foundational
  • Employee benefit plan auditing: Technical: Health & welfare plans: Audit risk assessment, Foundational
  • Employee benefit plan auditing: Technical: Multiemployer plans: Audit risk assessment, Foundational
  • Employee benefit plan auditing: Technical: ESOPs: Audit risk assessment, Foundational

3 Comments/Reflections

Tendai Nyakurimwa

Tendai Nyakurimwa Aug 2017

Quite interesting reading these examples. This serves as a warning to employees tasked with pension contribution management. It also makes auditors be careful and be exhaustive when performing their tests.

I enjoyed reading the article and it will help me to be vigilant whenever I am tasked with this type of work.

Lianda Van Zyl

Lianda Van Zyl Jan 2016

Segregation of duties

Regular audit checks

Lianda Van Zyl

Lianda Van Zyl Jan 2016

Segregation of duties

Regular audit checks