This course provides expert coverage of employee benefit plans, including all aspects of auditing. Close attention is given to the unique auditing pro... morecedures involved with defined benefit plans and defined contribution plans, and to health and welfare benefit plans. As an intermediate level course, this course is most appropriate for the professional with detailed knowledge in auditing employee benefit plans and/or experience at a mid-level position within an organization with operational or supervisory responsibilities, or both.

This course reviews the history of employee benefit plans in the United States, starting with the Social Security Act (FICA) of 1935 through ERISA of ... more1974 and the Pension Protection Act of 2006. The various kinds of benefit plans are described, including the defined benefit pension plan, defined contribution retirement plans, and health and welfare benefit plans. All the elements in the structure of a typical benefit plan are discussed, as are the important provisions of ERISA and the Internal Revenue Code. Employers must recognize the overfunded or underfunded status of a single employer defined benefit postretirement plan as an asset or liability and must recognize changes in that funded status in comprehensive income. This basic level course is most beneficial to professionals new to employee benefit plans accounting, but may also benefit an experienced professional with limited exposure to this topic.

In this course, the federal regulation of employee benefit plans, both before and after the passage of the Employee Retirement Income Security Act is ... morediscussed. Different kinds of employee benefit plans are described. The rules concerning participation, funding, and vesting for retirement plans, as well as the corporate fiduciary responsibility, are covered. This course has been evaluated for impacts from the Tax Cuts and Jobs Act, the SECURE Act of 2019, the CARES Act of 2020, and the American Rescue Act of 2021. Before all these changes can be incorporated into individual and company financial plans, SECURE 2.0 Act of 2022 is signed into law making several new changes in the retirement area of which some are effective immediately and others are spread over the next few years. This course is most beneficial to professionals new to Employee Benefit Plans who may be at the staff or entry level in the organization, to those professionals that want to gain an appreciation for the rules and complexity of retirement plans, but also for a seasoned professional with limited exposure to Employee Benefit Plans.By proceeding to the examination, you acknowledge and confirm that you have completed the required coursework.

This course discusses the effects of the latest regulatory rules and changes in accounting and auditing standards on audits of current year's benefit ... moreplan activity for defined contribution benefit plans. Learn what changes have been incorporated in the AICPA Audit and Accounting Guide: Employee Benefit Plans, including the new auditor's reports and required audit procedures in SAS No. 136 and 145. Understanding the effects of the latest federal legislation.

This course examines the various expenses that can be deducted on Schedules C. You will become acquainted with the costs that must be capitalized as w... moreell as those costs that can be deducted immediately. The course also takes a look at depreciation and Section 179 expenses that can be deducted by sole proprietors. There is also a discussion on the various employee-related expenses such as wages, payroll taxes, and other employee benefits. In addition, the course covers travel expenses and the related reporting requirements. Finally, the course will briefly address retirement plans. This course is most beneficial to professionals new to small business Schedule C expenses who may be at the staff or entry level in organization but also for a seasoned professional with limited exposure to these types of expenses.

This material assumes that the reader is reasonably knowledgeable of GAAP, GAAS, ERISA, and the IRC as it relates to 401(k) plans. This material focus... morees on and attempts to meld together the unique ERISA and tax issues involved in the accounting, tax reporting and ultimately the auditing of the financial statements of 401(k) employee benefit plans. Since most practitioners will deal with single employer sponsored 401(k) plans, the materials focus on single employer sponsored plans. This intermediate level course is most appropriate for the professional with detailed knowledge in this topic or the professional seeking to expand his or her knowledge base and who may be at a mid-level position within an organization with operational or supervisory responsibilities, or both.

The classification of a worker between an employee and an independent contractor can have major tax implications and penalty if wrong. Both common law... more rules and court cases provide guidance in determining whether payments made to individuals is payroll to employees or an expense paid to independent contractors. This course provides a brief summary of the indicators for classification and some examples as sourced from the IRS and the appropriate IRS Forms that must be filed.

Onboarding is the process of integrating a new employee into an organization. Onboarding is important because it impacts productivity, effectiveness, ... moreemployee engagement, turnover, company atmosphere and culture, brand acceptance as well as legal and regulatory protection. Having a strategic onboarding process directly improves new hire retention by making them feel welcomed and sets them up for success in their new role. This course introduces onboarding and provides recommendations for preparing a plan before the new hire starts and then how to effectively and strategically support, guide and coach a new employee through their first several months with the organization. This course is appropriate for any level of management.

The IRS has specific guidelines to help determine whether a worker is an employee or an independent contractor, which include factors such as behavior... moreal control, financial control, and the relationship between the worker and the employer. It's important for employers to correctly classify their workers to avoid potential penalties and legal issues.

This course is required for all California employees who work for organizations with five of more employees. It explains what employees in California ... moreshould do to avoid or minimize incidents of discrimination and harassment in the workplace. It is recommended as a training tool to reduce the risk of legal liability that employers face for violations of federal, state, and local workplace discrimination and harassment laws. This course satisfies the sexual harassment training requirements for California employees.