AAR2511. Form 5500 - What Auditors Need to Know

This session will utilize an illustration of the Form 5500 return to perform a practical overview of Form 5500 and its related schedules, focusing on what auditors need to consider when determining if it is "substantially complete" and when compariing to audited financial statements.

Learning Objectives:

• Recognize material inconsistencies between the Form 5500 and the financial statements.
• Acquire practical insights and tips to efficiently review a Form 5500 through illustrative examples.
• Utilize the AICPA EBP AQC Form 5500 considerations for auditors as a resource when reviewing Form 5500.