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Strafford: 401k Annual Audits: Anticipating Serious and Costly Errors, Understanding the Latest SASs, and Impact of Recent Legislation

January 24

Strafford 401k Annual Audits Webinar

Christopher J. Ciminera, CPA, QKA is co-presenting Strafford’s Webinar – 401k Annual Audits: Anticipating Serious and Costly Errors, Understanding the Latest SASs, and Impact of Recent Legislation

Topic: 401k Annual Audits: Anticipating Serious and Costly Errors, Understanding the Latest SASs, and Impact of Recent Legislation

Date: January 24, 2024

Co-Presenters:

Proficiency in administrating and auditing 401(k) plans requires staying on top of myriad and ever-changing IRS, DOL, and accounting rules and regulations. Most 401(k) plans with more than 100 participants with balances (formerly included eligible employees) must attach audited financials to the Form 5500, which are closely scrutinized by the DOL and IRS.Audit professionals and advisers must know red flags identified by the IRS and DOL in Form 5500 filings and be able to identify these problems prior to filing the Form 5500 to get ahead of any issue with the IRS.

Our panel of veteran professionals will review differences in non-ERISA Section 103(a)(3)(C) and ERISA Section 103(a)(3)(C) audits, recent changes made under SASs affecting retirement plan audits, and new considerations for these audits regarding new legislation and changes including the SECURE Acts.

Listen as our panel offers best practices and insights based on real world experience for avoiding common high-risk mistakes associated with 401(k) audits. The panel will also outline approaches to identify and correct plan errors before an audit or after a filing and how recent SASs and the SECURE Act modify audit requirements.

For more information, visit Strafford’s Webinar Listing.

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