Statements of Position



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A significant period of time has elapsed since the publication in 1983 of the AICPA Audit and Accounting Guide Audits of Employee Benefit Plans. Many changes have taken place in the generally accepted auditing standards and the application of these standards to the requirements of employee benefit plans, the types of plans offered, and the regulatory and financial reporting requirements. These changes have created the need for revised guidance. The objectives of this proposed guide are to provide (1) a general background of the plan environment and (2) practical guidance to the practitioner on the accounting, auditing, and financial reporting for employee benefit plans. In addition, the guide identifies relevant Employee Retirement Income Security Act of 1974 (ERISA) requirements, regulations, and professional accounting and auditing pronouncements and summarizes key provisions of those regulations and pronouncements. This proposed guide would supersede the 1983 Audit and Accounting Guide Audits of Employee Benefit Plans and the 1988 second edition of the guide, which contains AICPA Statement of Position 88-2, Illustrative Auditor's Reports on Financial Statements of Employee Benefit Plans Comporting With Statement on Auditing Standards No. 58. Reports on Audited Financial Statements.

Publication Date


Relational Format



Employee fringe benefits -- United States -- Accounting; Employee fringe benefits -- United States -- Auditing


Accounting | Taxation


Originally published by: American Institute of Certified Public Accountants; Copyright and permission to reprint held by: American Institute of Certified Public Accountants.

Proposed audit and accounting guide : audits of employee benefit plans;Audits of employee benefit plans; Exposure draft (American Institute of Certified Public Accountants), 1990, Aug. 31



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