Accounting and Auditing of Pension Schemes

This seminar will provide a comprehensive update on all the new rules relevant to pension scheme accounts and audit. The quality of pension scheme audit work is often criticised by regulators. We will explore how firms can successfully comply with the Clarity ISAs, whilst still maximising audit efficiency.

 Topics covered include: 

• Update on important pronouncements from the Pensions Regulator and the Pensions Research Accountants Group (PRAG)
• Practical challenges with the SORP and how to address them
• Reliance on service organisations when auditing pension schemes – key tips and traps
• Testing contributions and benefits – what professional bodies really expect to see on file
• What COVID-19 has meant for pension scheme accounts and audits