BEGIN:VCALENDAR VERSION:2.0 PRODID:-//South Carolina Association of CPAs - ECPv6.15.20//NONSGML v1.0//EN CALSCALE:GREGORIAN METHOD:PUBLISH X-ORIGINAL-URL:https://sc.cpa X-WR-CALDESC:Events for South Carolina Association of CPAs REFRESH-INTERVAL;VALUE=DURATION:PT1H X-Robots-Tag:noindex X-PUBLISHED-TTL:PT1H BEGIN:VTIMEZONE TZID:America/Detroit BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20250309T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20251102T060000 END:STANDARD BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20260308T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20261101T060000 END:STANDARD BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20270314T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20271107T060000 END:STANDARD END:VTIMEZONE BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260423T143412 CREATED:20250605T211720Z LAST-MODIFIED:20250606T045909Z UID:10005459-1782820800-1782820800@sc.cpa SUMMARY:(SSAA497/26) Surgent's Avoiding Deficiencies in Peer Reviews: Focus on Engagement Quality DESCRIPTION:Event Description\nWith the AICPA’s heightened focus on enhancing audit quality\, increased oversight of the peer review process and the auditor’s overall responsibility to provide high quality services\, the focus on compliance with professional standards has never been greater. Recent peer reviews have indicated that auditors are often failing to perform and/or document certain critical components of an audit such as the auditor’s assessment of risk and linking the results of the assessment to substantive procedures performed. In addition\, auditors are not adequately documenting their consideration of fraud\, expectations in analytical procedures and the appropriate level of work needed to understand an entity’s internal control. Now is time to revisit the way that auditors are performing and documenting the work performed to meet professional standards since nonconforming engagements can result in an auditor’s referral to the AICPA Ethics Committee. There have not been significant changes to quality control standards since 2006. In June 2022\, two new statements on quality management were issued. Another statement was issued recently to incorporate the changes to the Group Audit Standard (SAS 149). A related audit standard on engagement quality\, SAS 146\, and an accounting and review service standard\, SSARS 26\, were also issued. These changes are substantive. They are effective for years beginning after December 15\, 2025.This course will discuss the new standards. This course will also focus on the most significant items resulting in deficiencies identified in the peer review process. We will also discuss the applicable audit standards\, documentation requirements and best practices. The objective of the course is to provide the insights necessary to help an auditor improve not just the quality of their work but also the perception of the accounting profession as a whole. \nDesigned For\nAccounting and auditing practitioners at all levels desiring to improve engagement quality \nObjectives\nIdentify key elements of the AICPA’s Enhancing Audit Quality initiative Recognize changes in Quality Management standards Recognize key trends in recent peer review deficiencies noted Identify professional standards related to performing a risk assessment\, understanding and testing internal controls\, and linking these procedures to further audit consideration Implement best practices to help ensure overall engagement quality \nMajor Subjects\nAICPA’s Enhancing Audit Quality initiative Recent revisions to Quality Management standards Feedback from peer reviews\, including areas driving deficiencies in audit Elements of an effective risk assessment and how to link to audit procedures performed Understanding internal controls and making the decision whether or not to test them Best practices in documentation \nInstructions\nNone URL:https://sc.cpa/event/ssaa497-26-surgents-avoiding-deficiencies-in-peer-reviews-focus-on-engagement-quality/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260423T143412 CREATED:20250605T211726Z LAST-MODIFIED:20250606T045623Z UID:10005464-1782820800-1782820800@sc.cpa SUMMARY:(SSAA403/26) Surgent's A Practical Guide to Auditing Cash and Cash Equivalents DESCRIPTION:Event Description\nCash and cash equivalents tend to be one of the first areas assigned to new auditors since it tends to be straightforward with less complexity and risk as other areas. In addition\, there is little subjectivity involved and persuasive audit evidence from a third-party is generally available. Interestingly enough\, this is an area that can have a significant risk of misappropriation of assets if the appropriate level of segregation of duties and other internal controls is not present. New auditors should approach cash with the same professional skepticism as other areas since there is always the risk of material misstatement. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 1.) \nDesigned For\nProfessionals new to auditing cash and cash equivalents \nObjectives\nIdentify risks related to cash and cash equivalents Identify sources of audit evidence associated with cash and cash equivalents Discuss standard audit procedures related to cash and cash equivalents Explain how to evaluate audit evidence associated with cash Describe typical presentation and disclosure issues related to cash \nMajor Subjects\nExplain typical audit risks and special considerations related to cash and cash equivalents Identify the risk of fraud related to cash and cash equivalents Describe designing a detailed audit plan\, linking assessed risk to planned procedures Techniques used to perform the audit procedures associated with auditing cash and cash equivalents Obtaining evidence related to cash and cash equivalents Case study and test yourself questions related to auditing cash and cash equivalents \nInstructions\nNone URL:https://sc.cpa/event/ssaa403-26-surgents-a-practical-guide-to-auditing-cash-and-cash-equivalents/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260423T143412 CREATED:20250605T211811Z LAST-MODIFIED:20250606T050120Z UID:10005475-1782820800-1782820800@sc.cpa SUMMARY:(SSAA463/26) Surgent's Winning the Fraud Battle in the Digital Age: Prevention and Detection DESCRIPTION:Event Description\nThe focus of this course is reducing the overall risk of fraud. To that end\, instruction will cover the factors that play a role in turning honest employees into fraudsters. Discussion will touch on integrity and ethics\, as well as how the reactions of people in certain situations may impact the prevalence of fraud. \nDesigned For\nCPAs in public practice and industry who wish to educate clients or colleagues on preventing fraud from occurring at the source – would-be fraudsters \nObjectives\nRecognize the prevalence of fraud Understand the ways an organization may unintentionally cause fraud Identify the costs of fraud Comprehend how the new COSO framework for internal control focuses on fraud Grasp the importance of an internal control environment Recognize potential signs of fraudulent behavior Understand how people may respond differently to certain factors See that there are many layers involved in fraud defense Anticipate a new environment ripe for fraudulent claims and reports \nMajor Subjects\nThe price of fraud ACFE’s Report to the Nations and ancillary costs The current economy microeconomics and analysis COSO internal control framework\, particularly Principle 1 (integrity/ethics) and Principle 8 (fraud risk assessments) Power of morale shrinking the fraud triangle and employee motivation Deviant workplace behavior Historic schemes Why good folks go bad interesting findings and red flags Combating fraud with controls Controls used by fraud victim organizations and suggestions for better implementation Fraud’s new frontier Corporate social\, environmental\, governance\, and equity/inclusion reports and audits \nInstructions\nNone URL:https://sc.cpa/event/ssaa463-26-surgents-winning-the-fraud-battle-in-the-digital-age-prevention-and-detection/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260423T143412 CREATED:20250605T212914Z LAST-MODIFIED:20250606T044811Z UID:10005484-1782820800-1782820800@sc.cpa SUMMARY:(SSAA430/26) Surgent's Effective Communications with Management and Those Charged with Governance DESCRIPTION:Event Description\nAs a byproduct of the audit\, the auditor has a responsibility to communicate certain information to management and those charged with governance\, primarily related to risk and internal control deficiencies. In some cases the auditor may be required to report outside the entity\, for example\, when fraud is identified. Some of these communications to management and those charged with governance occur at the beginning of the audit\, others during the audit and at the end of the audit. Two-way communication is very important to meet professional responsibilities and also as a client service. This module will discuss the most significant of the required communications and explore how to make them more effective. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 5.) \nDesigned For\nAccountants who have a basic level of audit experience \nObjectives\nDescribe the communications required to be made to those charged with governance at the beginning and end of the audit. (AU-C 260) Describe the communications related to deficiencies noted in internal control that are required to be made to management and those charged with governance (AU-C 265) Describe other communications that need to be made outside the entity in certain circumstances Create effective communications that enhance client service \nMajor Subjects\nRelevant literature Communications to those charged with governance Internal controls communications to management and those charged with governance \nInstructions\nNone URL:https://sc.cpa/event/ssaa430-26-surgents-effective-communications-with-management-and-those-charged-with-governance/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260423T143412 CREATED:20250605T213119Z LAST-MODIFIED:20250606T044813Z UID:10005485-1782820800-1782820800@sc.cpa SUMMARY:(SSAA599/26) Surgent's Annual Update for Defined Contribution Plans DESCRIPTION:Event Description\nThis course will provide a general understanding of the new reporting and disclosure requirements for employee benefit plans under the now effective SAS 136\, the AICPA’s new employee benefit plan auditing standard. Participants will be provided with an insight into the common errors and mistakes made by auditors and plan administrators\, as well as the new requirements of both groups under the new SAS. The course will discuss the results from the Department of Labor’s (“DOL”) Criminal Enforcement initiative and audit quality study\, and focus on the causes of the recent increase in the number of deficient engagements identified by the peer review process. This course will provide auditors and plan administrators with up-to-date information regarding defined contribution plans auditing\, reporting and disclosure requirements\, including those related to the new ERISA Section 103(A)(3)(c) audits under SAS 136. \nDesigned For\nAuditors and Plan administrators of Defined Contribution Plans \nObjectives\nPrepare for the current year’s audit Gain a general understanding of the current and prospective reporting and disclosure requirements for employee benefit plans Identify common errors and mistakes made by auditors and plan administrators \nMajor Subjects\nCommon risks and pitfalls associated with defined contribution plans Nuances of the fair value disclosures New reporting and disclosure requirements for the current year Results of DOL Audit Quality Study \nInstructions\nNone URL:https://sc.cpa/event/ssaa599-26-surgents-annual-update-for-defined-contribution-plans/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260423T143412 CREATED:20250605T213137Z LAST-MODIFIED:20250606T044828Z UID:10005493-1782820800-1782820800@sc.cpa SUMMARY:(SSAA447/26) Surgent's Audits of 401(k) Plans: New Developments and Critical Issues DESCRIPTION:Event Description\nOne of the most favored employee benefit plans\, the 401(k) plan\, provides unique challenges for auditors.Through this course\, auditors will obtain an understanding of the rules and regulations unique to employee benefit plans and obtain practical guidance on applying them. Auditors will enhance their knowledge of the performance and reporting requirements through real-world examples\, best practices\, and efficient audit techniques that can be utilized in various audit engagements. Make sure your audits don’t trigger a DOL inspection by conforming to all applicable rules and regulations. \nDesigned For\nPractitioners responsible for planning and performing employee benefit plan audit engagements \nObjectives\nIdentify the key provisions of recently issued SASs Properly document understanding of the plan\, the environment\, and internal controls for an employee benefit plan Understand the importance of reading\, reviewing\, and documenting the controls in a service organization control report Identify potential audit triggers that may result in Department of Labor inspections Understand the risks associated with a benefit plan audit engagement Avoid common mistakes noted during peer reviews \nMajor Subjects\nProper planning of benefit plan audit engagements and developing audit strategy while improving overall efficiency Common pitfalls in planning and detailed audit procedures Changes affecting 401(k) plans\, including recently issued SASs Common mistakes as noted in peer reviews and DOL inspections \nInstructions\nNone URL:https://sc.cpa/event/ssaa447-26-surgents-audits-of-401k-plans-new-developments-and-critical-issues/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260423T143412 CREATED:20250605T213142Z LAST-MODIFIED:20250606T044833Z UID:10005494-1782820800-1782820800@sc.cpa SUMMARY:(SSAA400/26) Surgent's Introduction to the Audit Process and Risk Assessment DESCRIPTION:Event Description\nFinancial statement auditors are engaged to provide reasonable assurance that financial statements are not materially misstated\, whether due to fraud or error. Professional standards require auditors to obtain sufficient and appropriate evidence to support that opinion. It is critical for effective and efficient auditors to have a clear understanding of all the important elements and concepts related to a financial statement audit. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 1.) \nDesigned For\nProfessionals new to auditing \nObjectives\nIdentify key elements of the audit process Communicate the importance of professional skepticism and professional judgment Identify and perform basic risk assessment procedures Identify the linkage between the risk assessment procedures\, team meeting\, risk assessment summary\, audit plan and further audit procedures Discuss the documentation requirements of AU-C 230 and AU-C 315 \nMajor Subjects\nHistory of the financial statement audit Objective of a financial statement audit Audit Process and Linkage Management and the Auditor’s Responsibilities Evaluating Audit Risk Risk Assessment Process Risk Assessment Procedures Documentation \nInstructions\nNone URL:https://sc.cpa/event/ssaa400-26-surgents-introduction-to-the-audit-process-and-risk-assessment/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260423T143412 CREATED:20250605T213225Z LAST-MODIFIED:20250606T044917Z UID:10005501-1782820800-1782820800@sc.cpa SUMMARY:(SSAA429/26) Surgent's Effective Communications with Management and Those Charged with Governance DESCRIPTION:Event Description\nAs a byproduct of the audit\, the auditor has a responsibility to communicate certain information to management and those charged with governance\, primarily related to risk and internal control deficiencies. In some cases the auditor may be required to report outside the entity\, for example\, when fraud is identified. Some of these communications to management and those charged with governance occur at the beginning of the audit\, others during the audit and at the end of the audit. Two-way communication is very important to meet professional responsibilities and also as a client service. This module will discuss the most significant of the required communications and explore how to make them more effective. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 5.) \nDesigned For\nAccountants who have a basic level of audit experience \nObjectives\nDescribe the communications required to be made to those charged with governance at the beginning and end of the audit. (AU-C 260) Describe the communications related to deficiencies noted in internal control that are required to be made to management and those charged with governance (AU-C 265) Describe other communications that need to be made outside the entity in certain circumstances Create effective communications that enhance client service \nMajor Subjects\nRelevant literature Communications to those charged with governance Internal controls communications to management and those charged with governance \nInstructions\nNone URL:https://sc.cpa/event/ssaa429-26-surgents-effective-communications-with-management-and-those-charged-with-governance/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260423T143412 CREATED:20250605T213315Z LAST-MODIFIED:20250606T044926Z UID:10005506-1782820800-1782820800@sc.cpa SUMMARY:(SSAA500/26) Surgent's Update on the AICPA's Enhancing Audit Quality Initiative DESCRIPTION:Event Description\nQuality should be the primary focus of all engagements. Since initiating its Enhancing Engagement Quality initiative in 2014\, the AICPA has been using its peer review program as a way to assess the improvement in engagement quality.In this course\, we’ll review the latest results from the peer review program and identify common findings in recent peer reviews of audits as well as SSARS engagements. \nDesigned For\nAccounting and auditing practitioners at all levels desiring to remain up to date on recent pronouncements and other standard setters’ activities \nObjectives\nIdentify key elements of the AICPA’s Enhancing Audit Quality initiatives Recognize key trends noted in recent peer reviews Understand the importance of audit documentation in the system of quality control Recall common peer review feedback identified on common attestation engagements \nMajor Subjects\nStatus of the AICPA’s Enhancing Engagement Quality initiative Recent Peer Review results Common peer review findings \nInstructions\nNone URL:https://sc.cpa/event/ssaa500-26-surgents-update-on-the-aicpas-enhancing-audit-quality-initiative/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260423T143412 CREATED:20250605T213325Z LAST-MODIFIED:20250606T045019Z UID:10005511-1782820800-1782820800@sc.cpa SUMMARY:(SSAA414/26) Surgent's Performing Effective and Efficient Analytical Procedures DESCRIPTION:Event Description\nAnalytical review procedures are performed in the preliminary and final stages of the audit. Auditors may also choose to perform analytical procedures as substantive tests. It is important to properly design and perform the procedures to ensure an effective and efficient audit engagement. This module will provide detailed guidance and methods for performing these techniques. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 2.) \nDesigned For\nAccountants responsible for performing basic analytic procedures on audit engagements \nObjectives\nPerforming effective preliminary analytical procedures in the risk assessment process Performing a final overall analysis to assess the conclusions reached during the audit and evaluate the overall financial statement presentation. Planning and performing effective and efficient substantive analytical procedures Concluding on analytical procedures \nMajor Subjects\nPreliminary analytical procedures as risk assessment procedures Performing final analytical procedures to assess the conclusions reached during the audit and evaluate the overall financial statement presentation. When to use substantive analytical procedures for efficiency and effectiveness Establishing expectations for substantive analytic procedures Setting a threshold for differences Following up on differences from expectations Concluding on substantive analytical procedures \nInstructions\nNone URL:https://sc.cpa/event/ssaa414-26-surgents-performing-effective-and-efficient-analytical-procedures/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260423T143412 CREATED:20250605T213333Z LAST-MODIFIED:20250606T044010Z UID:10005514-1782820800-1782820800@sc.cpa SUMMARY:(SSAA479/26) Surgent's Fraud Environment DESCRIPTION:Event Description\nFraud is all around us\, though many times we miss it. As accountants\, we have a professional responsibility to detect material fraud. However\, our ability to detect fraud is directly related to our understanding of how fraud occurs\, how prevalent it is and what types of procedures allow both accountants and companies to detect fraud before it becomes material.In addition to providing a quick update on recently issued accounting and auditing standards\, this course will review the latest fraud statistics compiled by the Association of Certified Fraud Examiners (ACFE)\, and see how COVID-19 has impacted the fraud landscape. Then the course will review our professional responsibilities to both detect fraud and to report actual or suspected fraud\, plus identify which procedures are most effective at identifying and preventing fraud. \nDesigned For\nAccounting and auditing practitioners at all levels desiring to remain up to date on recent pronouncements and other standard setters’ activities \nObjectives\nRecall common statistics concerning the prevalence of fraud Identify best practices in detecting fraud Discuss professional responsibilities of accountants related to fraud \nMajor Subjects\nStatistics compiled by the ACFE related to fraud Professional responsibilities to identity\, respond to and report fraudulent activity The current fraud landscape\, including who commits fraud\, how and why they commit it and how they are detected \nInstructions\nNone URL:https://sc.cpa/event/ssaa479-26-surgents-fraud-environment/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260423T143412 CREATED:20250605T213337Z LAST-MODIFIED:20250606T044012Z UID:10005515-1782820800-1782820800@sc.cpa SUMMARY:(SSAA458/26) Surgent's Annual Auditing Update DESCRIPTION:Event Description\nDesigned for accounting\, audit\, and attestation practitioners at all levels in both public accounting and business and industry\, this course provides an overview of the recent pronouncements and guidance issued by the AICPA related to audit and attest standards\, including a discussion of SAS 142\, effective for 2022 audits\, and SASs 143-145\, effective for 2023 audits. The course also covers recent activity by the AICPA’s Professional Ethics Executive Committee related to the AICPA’s Code of Professional Conduct\, as well as proposed updates to the AICPA’s quality management standards. Lastly\, the course will provide an update on the status of the AICPA’s enhancing engagement quality initiatives. The course is a one-stop shop to get you up to speed on recently issued AICPA guidance. \nDesigned For\nAccounting and attestation practitioners at all levels in both public accounting and private industry \nObjectives\nIdentify and understand the requirements of recently issued SASs Recall the key provisions of Code of Conduct updates Identify key elements of the AICPA’s new guidance on quality management Develop implementation tips and best practices related to these new standards Implement best practices for enhancing engagement quality \nMajor Subjects\nAICPA hot topics and standard setting initiatives Discussion of new standard on audit evidence\, SAS 142\, effective for years ended December 31\, 2022 Discussion of new standards on auditing accounting estimates\, use of specialists\, and the risk assessment process\, SASs 143145\, effective for years ended December 31\, 2023 Recent updates to the AICPA’s Code of Professional Conduct Recently issued or proposed updates to other AICPA professional guidance \nInstructions\nNone URL:https://sc.cpa/event/ssaa458-26-surgents-annual-auditing-update/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260423T143412 CREATED:20250810T153512Z LAST-MODIFIED:20250811T040507Z UID:10005572-1782820800-1782820800@sc.cpa SUMMARY:(SSAA616/26) Surgent's Advanced Audits of 401(k) Plans: Best Practices and Current Developments DESCRIPTION:Event Description\nLooking to improve the quality of your 401(k) benefit plan audits? This is the course for you. Based on recent data from the U.S. Department of Labor and peer reviews on employee benefit plan audits\, we know auditors need to up their game to meet stakeholder demands and provide the best possible audit services. \nIn this advanced course\, we will discuss the audit and reporting requirements in accordance with auditing standards. We will also discuss laws and regulations (such as ERISA) that are unique to employee benefit plans and provide practical guidance on their application. Course topics will focus on the most common compliance issues identified in 401(k) audits by the Department of Labor and peer reviews\, as well as recommended corrections. Auditors will identify best practices for auditing areas such as payroll and compensation\, participant loans\, hardship distributions\, investments\, and plan mergers and acquisitions. \nDesigned For\nExperienced practitioners responsible for planning and performing employee benefit plan audit engagements \nObjectives\n\nIdentify key provisions of recently issued SASs \nIdentify the current year changes to the rules and regulations affecting 401(k) plans \nUnderstand the most common compliance issues encountered in 401(k) plan audits\, pitfalls to watch out for\, and strategies to ensure compliance \nPerform efficient and effective procedures associated with planning\, internal controls\, risk assessments\, and detailed audits \nExplain the documentation and procedures related to plan mergers and acquisitions \nDiscuss the best practices associated with advanced audit areas\, including participant loans\, payroll\, compensation\, and investments \nUnderstand the risks associated with a benefit plan audit engagement\n\nMajor Subjects\n\nAudit requirements for ERISA §103(a)(3)(C) audits \nAn annual update of the changes affecting 401(k) plans \nCompliance issues associated with eligibility and enrollments\, remittances\, lack of oversight\, compensation\, vesting\, and other topics \nBest practices for engagement planning\, internal controls\, risk assessment\, and detailed testing \nAvoiding common mistakes while performing audit procedures \nPlan mergers and acquisitions \nCommon audit reporting and disclosure issues URL:https://sc.cpa/event/ssaa616-26-surgents-advanced-audits-of-401k-plans-best-practices-and-current-developments/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260423T143412 CREATED:20250810T155006Z LAST-MODIFIED:20250811T040515Z UID:10005573-1782820800-1782820800@sc.cpa SUMMARY:(SSAA617/26) Surgent's Audits of 401(k) Plans: New Developments and Critical Issues DESCRIPTION:Event Description\nOne of the most favored employee benefit plans\, the 401(k) plan\, provides unique challenges for auditors. \nThrough this course\, auditors will obtain an understanding of the rules and regulations unique to employee benefit plans and obtain practical guidance on applying them. Auditors will enhance their knowledge of the performance and reporting requirements through real-world examples\, best practices\, and efficient audit techniques that can be utilized in various audit engagements. Make sure your audits don’t trigger a DOL inspection by conforming to all applicable rules and regulations. \nDesigned For\nPractitioners responsible for planning and performing employee benefit plan audit engagements \nObjectives\n\nIdentify the key provisions of recently issued SASs \nProperly document understanding of the plan\, the environment\, and internal controls for an employee benefit plan \nUnderstand the importance of reading\, reviewing\, and documenting the controls in a service organization control report \nIdentify potential audit triggers that may result in Department of Labor inspections \nUnderstand the risks associated with a benefit plan audit engagement \nAvoid common mistakes noted during peer reviews\n\nMajor Subjects\n\nProper planning of benefit plan audit engagements and developing audit strategy while improving overall efficiency \nCommon pitfalls in planning and detailed audit procedures \nChanges affecting 401(k) plans\, including recently issued SASs \nCommon mistakes as noted in peer reviews and DOL inspections URL:https://sc.cpa/event/ssaa617-26-surgents-audits-of-401k-plans-new-developments-and-critical-issues/ CATEGORIES:Self-Study Video END:VEVENT END:VCALENDAR