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Retirement Plan Audit Update: February 2010

Friday, February 12, 2010 by Dani Gisondo, CPA

Click the links below for more information on each topic.

Recent Employee Benefit Plan Developments

  • Electronic Filing of Form 5500s now required
  • Additional changes to 2009 Form 5500
  • Fee disclosures
  • 403(b) plans
  • Deadline extended for certain retirement plan amendments
  • EBSA's 2010 priorities
  • DOL withdraws final investment advice regulations
  • PBGC flat-rate increase

Accounting, Auditing and Reporting Update

  • FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes—an interpretation of FASB Statement No. 109 [FASB ASC 740 and 805]
  • FASB Statement No. 165, Subsequent Events [FASB ASC 855]
  • FASB Accounting Standards Codification
  • SAS No. 115, Communicating internal control related matters identified in an audit

For information, post a comment below or contact our Benefit Plan Audit Group at 440-449-6800.

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