8 Chapter 7: Health and Welfare Plans Defined contribution versus defined benefit Challenges in auditing a health and welfare plan Components of the financial statements of a welfare benefit plan Unique features of a health and welfare benefit plan Disclosure requirements Reporting requirements
9 Chapter 8: Other Auditing Considerations Related party and party in interest transactions Prohibited transactions Untimely deposits of employee deferrals ERISA supplemental schedules Form 5500 information consistency with financial statements Tax status Auditing corrective actions Certified information Investment confirmations Going concern
10 Chapter 9: Wrapping Up Commitments and contingencies Subsequent events Representation letter from management Communication of internal control-related matters identified in an audit Management advice letter considerations Communication with those charged with governance
12 Appendix B: Illustrative Financial Statements and Disclosures for a Defined Benefit Plan Assuming an End-of-Year and Beginning-of-Year Benefit Information Dates Notes
13 Appendix C: Illustrative Financial Statements and Disclosures for a Health and Welfare Plan Notes
14 Appendix D: Illustrative Supplemental Schedule of Assets Notes
15 Appendix E: Illustrative Supplemental Schedule of Reportable Transactions
16 Appendix F: Illustrative Example of an Engagement Letter for a 401(k) Employee Benefit Plan Audit Engagement Notes
17 Appendix G: Small Pension Plan Audit Waiver Decision Tree
18 Appendix H: Report Modifications Chart Notes
19 Appendix I: Pension Plan Audit Decision Tree Note
20 Appendix J: Illustrative Supplemental Schedule of Delinquent Participant Contributions
21 Employee Benefit Plans Glossary
22 Index
23 Solutions Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Chapter 6 Chapter 7 Chapter 8 Chapter 9
Guide
1 Cover
2 Table of Contents
Pages
1 i
2 ii
3 1-1
4 1-2
5 1-3
6 1-4
7 1-5
8