OnPoint EBP, which is used to audit employee benefit plans, has been enhanced. The product is built on technology from CaseWare International and marketed by the AICPA and CPA.com.New features include an expanded scope to facilitate audits of 403(b) plans, defined benefit plans and health and welfare plans, along with revised financial reporting risk assumptions to better align with inherent risk factors/
There is also a new presentation and disclosure checklist tailored for the various types of employee benefit plans.
The system offers audit documentation and reporting with enhanced review tools that track information changes during an engagement. It also incorporates AICPA guided methodology which builds out the engagement as work progress.
Diagnostics can indicate when a response warrants additional consideration or when a non-standard path is chosen.
