Description
Understanding how to use OnPoint EBP to perform efficient and high-quality employee benefit plan audits.
Designed For
- Employee Benefit Plan auditors
Objectives
- Recognize the benefits of using OnPoint EBP for employee benefit plan audits.
- Understand the guided methodology that drives quality and efficiency and identify the common risk profile present in in-scope plans.
- Differentiate between basic functionalities within the Smart Engagement platform.
- Identify the default workflow designed into OnPoint EBP.
- Become familiar with the procedures and steps to create and accept an engagement.
- Complete the Plan Profile form to identify risk present in the plan and draft disclosure notes in the financial statements.
- Document use of subservice organizations, evaluate control design.
- Use the included sampling methodology to determine proper sample sizes for testing.
- Use audit programs and testing templates to complete audit testing.
- Explain how diagnostics and guardrails are employed to guide you while completing an engagement.
- Identify the key activities than enable the completion and delivery of an engagement.
- Discover the tools built into OnPoint EBP that enable and efficient file review.