EBP1935. Breaking Down the Definition of Compensation (Repeated in Session 207)

Track: 
Accounting & Auditing
Field of Study: 
Auditing
Accounting
CPE Credit: 
1.0
Knowledge Level: 
Intermediate
Advanced Preparation: 
None
Prerequisite: 
Basic knowledge of qualified retirement/ERISA plans. General employee benefit plan experience.

Tuesday, May 7, 2019
 
11:40AM-12:30PM

It's not uncommon for employee benefit plan auditors to find errors in the application of a plan’s definition of compensation. However, truly understanding a plan’s definition of compensation is not always straight forward. This session will explore different definitions of compensation that are commonly used by plans, as well as some of the nuances that can make understanding the definition of compensation more challenging.
Learning Objectives:

  • Recognize various definitions of compensation that are commonly used in plan documents.
  • Identify common errors found when applying a plan's defintion of compensation to how compensation is calculated.


SESSION SPEAKER(S)

CPA, CGMA
Partner | RubinBrown LLP
CPA
Senior Director | RSM US LLP
CPA
Partner | Plante Moran,PLLC