Learn about the new requirements of ASU No. 2017-06, Employee Benefit Plan Master Trust Reporting. Session will include an overview of how a plan’s ownership in the master trust is reflected under a unitized or dollar-allocation method and how to identify whether the plan has a divided or undivided interest in a master trust. There will also be a discussion of implementation best practices and challenges from a service provider and auditor perspective.
Identify requirements of ASU No. 2017-06 and impact on accounting, auditing and reporting.
Recognize different types of master trust arrangements.