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401(k) Basics Part 2 - Participant Data and Contribution Testing Logo aicpa

  Free |   AICPA |   04 Feb 2019 |   Auditing |   AICPA Store
Who Will Benefit?
  • Accounting staff or in-charge auditors

Key Topics

  • Participant data and contribution testing

Learning Objectives

  • Identify when a participant needs to be tested and why.
  • Recall the different ways a participant can enroll in a plan.
  • Recognize the various types of contributions received by a 401(k) plan.
  • Recall parties in interest and prohibited transactions.

This webcast is part of the 4-part EBPAQC 401(k) Audit Basics Series. Register for the series here.

This is an excellent webcast for staff or in-charge auditors who are new to ERISA audits as it provides an understanding of 401(k) plans and how they work. We'll also cover practical information about participant data and contribution testing.

Topics covered:
  • Management accounting: Technical: Risk management & internal control: Risk identification & assessment, Foundational
  • Employee benefit plan auditing: Technical: Defined contribution plans, Foundational