This EBPAQC webcast explores the unique aspects of initial audits of employee benefit plans.
Topics discussed:
how events such as plan mergers, plan spin-offs, a change in the number of plan participants, or a newly established plan may result in an "initial audit" that requires auditing the plan's opening balances
specific audit issues and audit best practices related to plans that have been in existence for several year but previously were not subject to audit or were audited by another