CBA FALL LAW SERIES 2018

Presented by the CBA Pensions and Benefits Law Section

Managing Pension Plan Audits: What Lawyers Need to Know

This webinar will provide an essential guide to successfully managing the three types of audits that pension plans may be subjected to:

1. annual audits of financial statements;

2. cyclical audits conducted by the CRA; and

3. risk assessment audits conducted by provincial regulators.

Topics will include:

• Accounting standards applicable to pension plans in Canada – A review of the most common problem areas and what in-house counsel and pension lawyers can do to ensure that plans have appropriate governance in place to manage these risks.
• CRA audit of all registered pension plans – A discussion of the common issues that are disclosed in these audits and advice on how to work with the CRA to bring the pension plan back into compliance.
• Risk-based approach to managing compliance with pension standards - An analysis of key areas of risk that are probed, suggestions for best practices, and policies for lawyers to review with their clients.
• Appeals - Options available should the pension administrator disagree with the assessment of the CRA or the findings of the provincial regulator.

Presenters