Often when auditors first start working on employee benefit plan audits the training is on the job and they don’t have a good background understanding of the various requirements, forms, and roles associate with the engagement. This course focuses on giving new EBP auditors an introduction to limited scope EBP audits in plain English. At the end of this course the participant will understand the purpose and requirements of a limited scope EBP audit as well as the key documents, roles and common audit areas. The knowledge gained during the course will enable the auditor to be more effective and efficient when they begin work on their first limited scope EBP engagement.

 

 

Course Key Concepts: Audit, Employee Benefit Plan Audit, EBP

Learning Objectives
  • Identify the Purpose and Requirements of a Limited Scope EBP Audit.
  • Recognize the Key Documents and Roles Associated with EBP Audits.
  • Recognize the Common Audit Areas of Limited Scope EBP Audits.
Last updated/reviewed: August 19, 2023
2 Reviews (12 ratings)

Reviews

5
Member's Profile
Excellent overview of Limited Scope EBP's. Instructor provided actual examples of key documents which was very helpful.

5
Anonymous Author
It is a very well organized course for Employment Benefit Plan audit!

Prerequisites
Course Complexity: Intermediate

No advanced preparation or prerequisites are required for this course.

Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
Course Syllabus
INTRODUCTION AND OVERVIEW
  Introduction to Limited Scope EBP Audits3:54
  What is Limited Scope?4:33
  Understanding the Key Documents5:15
  Plan Document4:32
  Summary Plan Description5:03
  Census3:54
  Understanding the Key Rules6:12
  Common EBP Audit Areas5:05
  Participants Data and Contributions6:16
  Conclusion and Next Steps3:09
CONTINUOUS PLAY
  Introduction to Limited Scope Employee Benefit Plan Audits47:52
SUPPORTING MATERIAL
  Slides: Introduction to Limited Scope Employee Benefit Plan AuditsPDF
  Introduction to Limited Scope Employee Benefit Plan Audits Glossary/ IndexPDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam