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Technical

Advanced Defined Contributions Plans Certificate Exam Logo aicpa

  $299.00 |   AICPA |   Feb 2017 |   AICPA Store

The Advanced Defined Contribution Plans Audit Certificate exam tests your ability to plan, perform and evaluate defined contribution plans, in accordance with AICPA standards and DOL rules and regulations. This exam is offered in a timed online format and consists of 75 multiple choice questions. In order to successfully pass the examination, you must be able to evaluate and analyze the core concepts related to client acceptance, engagement planning, engagement analysis, concluding an engagement and guiding principles for defined contribution plan audits.

Some of the topics that will be tested on the exam include:

  • Planning and general procedures
  • Internal control
  • Net assets available for benefits
  • Changes in net assets available for benefits
  • Plan tax status
  • Financial statement presentation, disclosure, and regulatory reporting
  • Audit reports

When you pass the exam, you will be awarded with a certificate in the form of a digital badge. Digital badges allow you to distinguish yourself in the marketplace and show your commitment to quality. The badge can be posted to your social media profiles and linked to your resume or email signature, providing maximum visibility to your achievement.

Visit our employee benefit plans audit certificate programs site for:

  • Frequently asked questions
  • Information on how digital badges work
  • Learning options before taking the exam
  • Examples of the types of questions you may encounter on the exam

You will receive your official score and certificate or retake information 5 business days after completing the exam.

Important note: Each exam purchase entitles you to one exam (first attempt) and one re-take (second attempt) if you do not pass the first attempt. Prior to accessing the re-take, the AICPA recommends you study any topics identified in your first attempt exam results. If you do not pass either the first or second attempt, you must purchase two more attempts. Exams passed outside of these purchase and re-take rules will not result in the issuing of a digital badge. If you have any questions regarding the completion of any of your exam attempts, please contact digitalbadge@aicpa.org to verify your results.

By purchasing the exam, you understand and agree that the AICPA has the absolute and unrestricted right to revoke or suspend any rights you have to use the Advanced Defined Contribution Plans Audit Certificate digital badge image, or any representation thereof, if you are (a) convicted of any crime punishable by more than one year in prison or for any crime related to dishonesty, or (b) disciplined by any governmental or non-governmental authority that regulates, or enforces a code of conduct related to, your professional activities, including but not limited to, a state board of accountancy, AICPA, IRS, SEC, or PCAOB, or (c) a peer reviewer restricted from performing peer reviews by the Peer Review Program.

Need additional training?

Take the optional learning course, Advanced Auditing for Defined Contribution Retirement Plans, to update or enhance your existing competencies prior to taking the exam. This course will take you through a mock audit, which will follow a single "client" through each phase of a defined contribution plan audit engagement, from planning to reporting. Click here to learn more.

Employee Benefit Plan Audit Quality Center

The Center serves as a comprehensive resource for CPA firms that audit ERISA-covered pension, savings and benefit plans, and provides members with tools, resources, advisories, primers, webinars and alerts that keep firms up-to-date on developments affecting EBP audits. For more information or to join, log on to www.aicpa.org/EBPAQC or email ebpaqc@aicpa.org.

Topics covered:
  • Employee benefit plan auditing: Technical: Defined contribution plans, Advanced

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