EMPLOYEE BENEFIT PLANS ANNUAL AUDIT CONFERENCE APRIL 25, 2016 PARC 55 HOTEL SAN FRANCISCO WEBCAST
CALCPA.ORG/EBP
CONFERENCE OVERVIEW AGENDA AT-A-GLANCE
Overview: Employee benefit plans are complex. To maintain the highest level of quality, auditors need to know about growing regulatory and reporting and disclosure requirements. Audit deficiencies are more common than firms care to see, and the risk of plan failures or fraud is always present. The 2016 Employee Benefits Plans Annual Audit Conference will provide you with the guidance and updates you need as you begin planning your plan audits. Learn about recent regulatory updates from the Department of Labor and the Internal Revenue Service. Additionally, you will be updated on auditing and accounting standards and useful tools to help you maintain your edge and deliver what your clients expect--timely advice and a sound quality audit.
8:30
Welcome
8:35
What’s New?
9:05
How simple is the simplification for EBPs?
9:55
BREAK
10:05 What can you possibly accomplish for a fee of less
than $XX,XXX? 11:20 Audit and Tax Nuggets: Chew on This 12:10 LUNCH (Plated lunch provided)
Designed for: CPAs who perform employee benefit plan audits and senior managers, staff, financial professionals, individual advisers and attorneys who specialize in working on employee benefit plans.
1:10
Keynote Speaker: Ian Dingwall
2:00
The Ins and Outs of Peer Review
2:50
BREAK
Credit Information: CPE 8 hours AA 8 hours
3:05
Operational Errors‌Now What?
3:55
Inquiring Minds Want to Know
4:45
Adjourn
EMPLOYEE BENEFITS PLANS ANNUAL AUDIT CONFERENCE APRIL 25, 2016 | San Francisco | Webcast Parc 55 Hotel San Francisco - a Hilton Hotel, 55 Cyril Magnin Street, San Francisco, CA
CONFERENCE PLANNING COMMITTEE Bertha Minnihan, CPA Conference Chair Moss Adams LLP
Marilee P. Lau, CPA Marilee P. Lau, CPA
Troy M. Atkinson, CPA Hemming Morse LLP
Michael L. Rogers, QPA, QKA, CPC, QPFC, TGPC, AIF, PPC, GFS Burr Pilger Mayer
Darlene Bayardo, CPA BDO USA LLP
Jessica R. Roster, CPA Lindquist LLP
Jill C. Kitchin, CPA, MBA Hood & Strong LLP
Mark J. Wirth, CPA McGladrey LLP
Daniel B. Landes, CPA Green Hasson Janks
SESSION DETAILS 8:30
8:35
Welcome
12:10
LUNCH (Plated lunch provided)
Bertha Minnihan, CPA Conference Chair Moss Adams LLP
1:10
Keynote Address: Ian Dingwall
What’s New?
• New investment standards, preview • Resources to consider
Bertha Minnihan, CPA Moss Adams LLP 9:05
Ian Dingwall, CPA Chief Accountant U.S. Department of Labor Employee Benefits Security Administration 2:00
• Why you would want to do QC review? • What is happening/changing in peer review • New requirements for peer reviewers are on the way (AICPA) • Specialized training in employee benefit plans • California peer review requirements and how to prepare
How Simple is the Simplification for EBPs? • • • •
The Ins and Outs of Peer Review
New Accounting Standards Update 2015-7, 2015-12 What is still required? Unusual investments Unrelated business taxable income-defined benefit pension plans—brokerage accounts as well
Thomas J. Parry, CPA Benson & Neff
Ryan D. Koch, CPA Moss Adams
Jenise S. Gaskin, CPA BPM
Jessica R. Roster, CPA Lindquist LLP
2:50
BREAK
9:55
BREAK
3:05
Operational Errors…Now What?
10:05
What can you possibly accomplish for a fee of less than $XX,XXX?
• • • • • •
• Identify, what to do as an auditor, client responsibility, how to move on • 3-4 common issues • Rep letter, management letter
Audit process Materiality as it pertains to DOL risk Auditor communications How to make the audit more efficient. Small EBP practice vs. large EBP practice issues Field work/wrap up
moderator
Mark J. Wirth, CPA McGladrey LLP
Mark J. Wirth, CPA McGladrey LLP Jill C. Kitchin, CPA, MBA Hood & Strong LLP 3:55
speaker
Bertha Minnihan, CPA Moss Adams LLP
Audit and Tax Nuggets: Chew on This
speakers
• Determination letters—LOD vs. opinion letters, restatement process • 403b plans becoming 1st year audits • DB plans and new mortality tables (2014, 2015) • Mergers and terminations • Form 5500: how much work do I have to do?
Ian Dingwall, CPA Chief Accountant U.S. Department of Labor Employee Benefits Security Administration Troy M. Atkinson, CPA Hemming Morse LLP
Susan Mehlman Moss Adams Jennifer L. Aras, CPA Crowe Horwath
• Panel to answer Q&A • Come with questions, submit ahead of time
moderator
Daniel B. Landes, CPA Green Hasson Janks 11:20
Inquiring Minds Want to Know…
Mark J. Wirth, CPA McGladrey LLP 4:45
ADJOURN
REGISTRATION INFORMATION Registration Policy All registrations are taken on a first-come, first served basis. The CalCPA Education Foundation reserves the right to refuse admission to any individual whose behavior it deems inappropriate.
Register Online calcpa.org/EBP Conference Registration April 25, 2016 5152784A | San Francisco 5152784B | Webcast Member $325 | Nonmember $425
VPE 80
VPE 40
VPE 24
Want to pay using a CPE discount program? CalCPA Education Foundation member discount programs offer great value and can be used for conferences, courses, staff training, and CPE Weeks, now including exclusive Luxury CPE destinations. calcpa.org/discounts Contact CalCPA Education Foundation P.O. Box 45066 San Francisco, CA 94145-0066 (800) 922-5272 (888) 868-8558 Fax calcpa.org Materials for this conference are provided in PDF format. Three business days before the conference, they will be accessible via calcpa.org/myevents.
VIEW AGENDA ONLINE CALCPA.ORG/EBP
Cancellation Policy If you need to cancel your registration, you must cancel four business days prior to the event to receive a full refund. After that time a refund will be given less a $125 cancellation fee. No refunds will be given for no-shows. VPE no-shows will have the number of registered CPE hours deducted from their VPE credit. Coupon no-shows will forfeit the coupon used to register. For registration policies please go to calcpa.org/policies. Note: Topics and speakers are subject to change. For up-to-date information, please go to calcpa.org CalCPA Education Foundation is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417 or learningmarket.org.
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CalCPA Education Foundation
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EMPLOYEE BENEFIT PLANS ANNUAL AUDIT CONFERENCE
PARC 55 HOTEL SAN FRANCISCO | WEBCAST CALCPA.ORG/EBP
APRIL 25, 2016
EMPLOYEE BENEFIT PLANS ANNUAL AUDIT CONFERENCE PAID
April 25, 2016 ■ San Francisco | Webcast
CalCPA Education Foundation
Organization U.S. Postage