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CPE Self-Study
Audits of Employee Stock Ownership Plans
NASBA FIELD OF STUDY
Auditing
LEVEL
Basic
CPE CREDITS
Text: 3.5, Online: 3.5
Covers content such as identifying unique attributes of ESOPs, determining efficient and effective audit strategies for unique areas, determining appropriate audit procedures based on identified risks, and identifying the unique presentation and disclosure attributes for ESOPs.

CPE On-Demand
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Product details

Who Will Benefit?

  • Auditors providing employee stock ownership plan audit services, benefit plan administrators and employees of companies with responsibility for accounting and reporting for employee stock ownership plan benefits.

Key Topics

  • Introductions and background of an ESOP
  • How and ESOP operates
  • Unique attributes of ESOPs
  • Leveraged vs. non leveraged ESOPs
  • Valuation techniques for an ESOP
  • Advantages and disadvantages of ESOPs
  • Determining an audit strategy for an ESOP audit
  • Relevant assertions, what could go wrongs, and audit procedures to consider for ESOPs
  • Unique presentation and disclosures attributes for an ESOP

Learning Objectives

  • Identify the unique attributes for employee stock ownership plans.
  • Identify the advantages and disadvantages of an employee stock ownership plan.
  • Determining efficient and effective audit strategies for unique areas of ESOPs.
  • Identify risks and assertions associate with key audit areas for ESOPs.
  • Determine appropriate audit procedures based on identified risks in an ESOP.
  • Identify the unique presentation and disclosures attributes for ESOPs.
  • Identify the required communications and audit wrap up procedures.

If you are looking for help with your next ESOP audit, this is the course for you. The first time all of the employee stock ownership plan content has been contained in a single source, this CPE course provides an in depth look at employee stock ownership plans (ESOPs). This course covers content such as identifying unique attributes of ESOPs, determining efficient and effective audit strategies for unique areas, determining appropriate audit procedures based on identified risks, and identifying the unique presentation and disclosure attributes for ESOPs.

Table of contents
Ratings and reviews
Author(s)

Melissa G. Critcher, CPA

Charlotte, North Carolina

Melissa is a member of both the American Institute of Certified Public Accountants (AICPA) and the North Carolina Association of Certified Public Accountants (NCACPA). She has served in various roles with the NCACPA including member of the Board of Directors, committee member for the Accounting and Attestation Committee as well as local chapter positions.

Melissa's background in accounting includes more than 19 years of experience in public accounting specializing in auditing defined contribution and defined benefit employee benefit plans as well as manufacturing, distribution and professional service organizations. Her public accounting experience includes a position as a senior audit manager with Greer & Walker, LLP in Charlotte, North Carolina, a manager at a regional firm in Raleigh, North Carolina prior to re-locating to Charlotte. Melissa also worked with a local firm in Winston-Salem. During her career, Melissa has been responsible for managing the employee benefit plan niche, marketing and business development and conducting in-house training seminars. Currently, she has her own practice located in the Charlotte, NC area where she concentrates her work on employee benefit plan audits and consulting.

Melissa has been recognized as an outstanding discussion leader for both the AICPA and the NCACPA. In addition to teaching courses for the associations, Melissa has also authored several publications for the AICPA and the NCACPA. Melissa is a 2012-13 recipient of the AICPA Outstanding Instructor Award.

Publisher

American Institute of CPAs

The American Institute of CPAs (AICPA) is the world’s largest member association representing the CPA profession, with more than 418,000 members in 143 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting.

The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination, and offers specialized credentials for qualified professionals who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. With The Chartered Institute of Management Accountants (CIMA), it offers the Chartered Global Management Accountant (CGMA) designation, which sets the global benchmark for quality and recognition in management accounting.

The AICPA and CIMA also make up the Association of International Certified Professional Accountants (the Association), which represents public and management accounting globally, advocating on behalf the public interest and advancing the quality, competency and employability of CPAs, CGMAs and other accounting and finance professionals worldwide.

The AICPA maintains offices in New York, Washington, DC, Durham, NC, and Ewing, NJ.

Price:
$129.00
Member Quantity:
Nonmember Quantity:
Quantity:
Estimated total:
$129.00
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CREDIT INFO
CPE credits
Text
: 3.5,
Online
: 3.5
NASBA Field of Study
Auditing
Level
Basic
Prerequisites
None
ADVANCE PREPARATION
None
Delivery Method
QAS Self-Study
Course acronym
CL4ESOP
GROUP PRICING
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Telephone: 800.634.6780 (Option 1)
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