AAR2511. Form 5500 - What Auditors Need to Know

This session will use an illustration of the Form 5500 return to perform a practical overview of Form 5500 and its related schedules. Attendees will focus on what auditors need to consider when determining if the form is “substantially complete” and when comparing to audited financial statements.

Learning Objectives:

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