Thursday, May 28, 2020 – Thursday, May 28, 2020 | 8:45am – 4:55pm

Employee Benefit Plan Virtual Conference

The start date for this course has passed. Registration is no longer available.

 Due to the ongoing COVID-19 (coronavirus) pandemic, the MSCPA has made the difficult decision to make our Employee Benefit Plan Conference a virtual-only event. The conference will still take place on May 28 from 8:30 a.m. – 4:55 p.m.and participants will receive eight CPE credits. You will also learn from the same quality speakers that you expected to see at our live program.  


Please reach out to Katlyn Ribeiro at 617.303.2404 or if you have any questions.






8:30 - 8:45 a.m. 

Welcome and Opening Remarks

Amy Pitter, Massachusetts Society of CPAs


8:45 – 10:00 a.m. 

Update from the Department of Labor

Lynne McMennamin, Office of the Chief Accountant, Employee Benefits Security Administration, U.S. Department of Labor

Do you wonder what’s going on at EBSA's Office of the Chief Accountant? Come to this session and find out.  This session will include a discussion of the work done with regards to plan audits and Form 5500 filings. Learn common reporting deficiencies and tips on how to help your clients be compliant with ERISA. Also learn why some audits of employee benefit plans are deemed deficient and what you can do to help make sure your audits are satisfactory.


10:10  – 11:10 a.m. 

EBPAQC Update and Quality Initiatives


In this session, you’ll learn how to perform efficient and effective Employee Benefit Plan (EBP) audits. We’ll cover EBP audit focus areas, including internal control and risk assessment, new Employee Benefit Plan Audit Quality Center (EBPAQC) tools and resources, AICPA peer review and ethics activities affecting EBP audits and the future of auditing and Enhanced Audit Quality (EAQ) initiatives.


11:20 a.m – 12:30 p.m. 

Risk Management for Benefit Plans Auditors

Steven Platau, JD, CPA, University of Tampa

Those feeling deceived by their benefit plan have several allies interested in assisting those plaintiffs in recovery, such as plan auditors who face potential pitfalls from both client and third-party plaintiffs. In this session, we will focus on how plaintiffs craft strategies to recover and how CPAs can reduce the likelihood that those seeking a recovery will succeed.

12:30 - 1:20 p.m.

Lunch Break


1:20 – 2:20 p.m. 

Legal and Regulatory Update

David Guadagnoli, Sullivan & Worcester LLP

Amy Sheridan, Sullivan & Worcester LLP

This session is designed to keep you informed of the fast changing retirement plan landscape.  The SECURE Act, passed in late 2019, contains a host of changes for retirement plans as does the more recent CARES Act.  Between the two, changes affect virtually all plans large and small, all types of employers and individual retirement savers, and trickle out over a number of years.  Our panelists will help you to be well informed about how these changes will affect your clients.  The session will also include updates on the IRS voluntary correction (EPCRS) front, a discussion of late deposit issues, new developments involving plan documents and determination letters, primers on the timing of plan amendments and partial terminations and other issues and trends our panelists are seeing.

2:30 – 3:30 p.m. 

Accounting and Auditing Update

Michele Weldon, CPA, PwC

Learn about current accounting and auditing topics impacting employee benefit plans. Included will be a discussion of new SAS 136, Forming an Opinion on Reporting on Financial Statements of Employee Benefit Plans. Also, will be updates on new accounting standards including ASU 2018-09: Codification Improvements, ASU 2017-03: Changes to the Disclosure Requirements for Fair Value Measurements and ASU 2017-06 Employee Benefit Plan Master Trust Reporting. 

3:40 – 4:55 p.m.

Internal Control Best Practices for Auditors

Melissa Critcher, CPA, Melissa G. Critcher, CPA, PC

In this session, we’ll identify and discuss the key control areas for Employee Benefit Plans (EBPs) and best practices for documenting the auditor’s understanding of the controls. We’ll also demonstrate how to perform walkthroughs, how to incorporate dual purpose tests and share controls as well as SOC reports.

 This conference qualifies for the Workforce Training Express Fund program. The course code for this program is 1124156. Click here for more details:

Conference Credits

This course is 8.00 credits

Conference Fees

MSCPA Member
AICPA Member

Conference Cost

You pay
MSCPA Members save $100.00 on this course. Login or Join to take advantage of these savings.

The start date for this course has passed. Registration is no longer available.