Pension Scheme Accounts: Current Issues and Update

This course is designed for Partners and staff involved in the audit and accounts of pension schemes. It will review current guidance from the Pensions Regulator and identify key issues relevant to pension scheme s generally, trustees and their advisers. The course content will include up-to-date topical issues and is likely to look at: Understanding the audit reporting requirements on financial statements, on contributions, to TPR and on non-statutory accounts; Accounting for pension schemes, - The Pensions SORP and its main requirements, Issues arising from new UK GAAP and Practical problems; Pension Scheme Investments including alternative investments and audit issues, Accounting for and disclosing derivatives; Contributions and funding - Treatment of regular contributions, Deficit reduction contributions, Overpaid contributions, Contributions in advance; Solvency, the Employers Covenant and actuarial reporting; Practice Note 15 and Auditing Issues - ISA 402 Outsourcing and AAF reports; Reporting and whistle blowing; Special cases, Small schemes and Earmarked schemes