4th Annual Employee Benefit Plans Conference

4th Annual Employee Benefit Plans Conference (EBPC2017)

Tuesday, May 02, 2017 / Washington, DC



Event Status: CLOSED – Please contact the CPE Department at 202-601-0560 for additional assistance.

Event ID: #EBPC2017

CPE: 8.0 credits

Total Price: $300.00

Join the Greater Washington Society of CPAs for their fourth Annual Employee Benefit Plans Conference. This conference is for both plan auditors and fiduciaries covering topics relevant to your EBP audits. Topics will cover auditing of investments and participant data/contributions. The presentations will also provide an overview of common plan failures, correction programs, and fiduciary compliance, as well as new auditing and accounting standards.

Who should attend: CPAs, auditors, and financial professionals who specializes in accounting and auditing for employee benefit plans; officers/administrators responsible for plan compliance or daily activities or the plan, including plan sponsors, HR managers or directors, trustees.

GOLD SPONSOR of this event:

Tuesday, May 2, 2017
General Sessions

Registration Opens and Breakfast Available

Join us for breakfast and networking before we kick off the conference for the day!

Welcome Remarks

Amisha Patel, CPA
Senior Manager / Johnson Lambert LLP
Vienna, VA

We welcome this year's chair, Amisha Patel, who will begin the meeting promptly at 8:00am.

Department of Labor Update

Marcus J. Aron, CPA, CGMA
Senior Auditor / U.S. Department of Labor
Washington, DC

What's going on at the Department of Labor that will impact your benefit plan audits this year?  The DOL will share their insights with you, including details about the Department's ongoing audit quality enforcement program.  Find out what good work look like how to avoid the pitfalls that most often plague benefit plan audits and result in the rejection of Form 5500 filings.


Session Break.

A&A Update

Arthur E. Budich, CPA, CFE
Partner / Calibre CPA Group, PLLC
Bethesda, MD

Previously  issued accounting standard updates 2015-07 and 12 are either required or will be shortly.  We will discuss and answer any questions related to these ASU’s, examine other recently issued updates, review implementation examples and discuss potential changes on the horizon.


Session Break.

Health & Welfare Benefits

Debbie Smith
Partner, EBP Audit / Grant Thornton
Chicago, IL

Come learn about the various types of health and welfare (HWF) benefits commonly offered and how they operate. This session will also cover financial statement and disclosure matters, and common auditing and accounting matters unique to HWF plans. Some practice tips on how to get started on a HWF plan audit will also be discussed.



The Nuts and Bolts of Auditing Distributions in Retirement Plans

Amanda S. Fuller, CPA
Partner, EBP Services Group / Aronson LLC
Rockville, MD

Auditing distributions can be full of challenges such as complex benefit calculations, incomplete Plan sponsor records, and lack of audit trail due to an ever increasing paperless environment.  This session is designed for auditors of defined contribution and defined benefit retirement plans. It will highlight the objectives for auditing distributions, while focusing on the challenges in auditing benefits paid to participants, not limited to those name above.  It will also review common operational errors related to distributions and the considerations that auditors should make in evaluating these errors.    


Session Break.

Earning Their Keep: Testing Participant Data and Contributions in EBP Audits

Sarah McConnell, CPA, MBA
Partner / Johnson Lambert LLP
Vienna, VA
Amisha Patel, CPA
Senior Manager / Johnson Lambert LLP
Vienna, VA

We will walk attendees through common issues encountered in auditing participant data, one of the more frequent problem areas of employee benefit plan audits.  This presentation will be targeted towards auditing participant data in both defined contribution and defined benefit plans. We will go over areas such as testing for the appropriate definition of compensation, compliance with Internal Revenue Code limitations, testing actuarial census data, and testing of employee and employer contributions.  Additionally, we will discuss how to approach issues once they are found and how to exercise professional judgment in responding to these issues. 

-Go over problem areas for participant data testing in both defined contribution and defined benefit plans 
-Discuss how to approach issues and use professional judgment in responding to these issues


Session Break.

Common Deficiencies Found in EBP Audits

Lynne McMennamin, CPA
Superv Rept & Compliance Specialist / U.S. Department of Labor
Washington, DC

The DOL will share their insights on common deficiencies found in audits of employee benefit plans. In conjunction with that, we will discuss the potential reporting/Form 5500 consequences of those deficiencies.


Session Break. 

Association of International Certified Professional Accountants Employee Benefit Plan Audit Quality Center Update

Susan W. Hicks, CPA
Senior Manager / Association of International Certified Professional Accountants
Washington, DC

The Association's Employee Benefit Plan Audit Quality Center provides resources to help you perform quality audits. Discover what tools are available to you, where to find them, and how to use them effectively. Also, learn about other AICPA quality initiatives including its, Enhancing Audit Quality: A Six-point Plan to Improve Audits, the employee benefit competency model and audit certificate programs, and new EBP training programs.

Closing Remarks

Amisha Patel, CPA
Senior Manager / Johnson Lambert LLP
Vienna, VA


Conference Site

Bank of America
730 15th St, NW
Washington, DC 20001

Standard Registration

$300 GWSCPA Members, $425 Non-Members


Cancellation by registrant / refund policy

If you are unable to attend a seminar or conference, please notify us as soon as possible.

The GWSCPA cancellation and refund schedule for offsite events is as follows:
100% refund minus $150 processing fee within 4 weeks (20 business days) of the event
75% refund within 3 weeks (15 business days) of the event
50% refund within 2 weeks (10 business days) of the event
No refund to be issued if cancellation is 9 business days, or less, of the event date
*Substitutes will be accepted, in writing to GWSCPA, up to 2 business days prior to the event date (see below for details).
* Non-member substitutes will be charged the fee difference if they are substituting for a member-discounted registration.

Refunds in the same form of tender as the original purchase minus the processing fee. Payments made by check will be refunded via check within 30 days of cancellation.

*Cancellations and/or substitutions must be submitted in writing and sent to Kari Bedell at:

For more information on how to become a sponsor for this conference, please contact Ashley Fearn, 202-601-0564 or afearn@gwscpa.org