This is Part VI of the Employee Benefit Plan (EBP) Fundamentals program. The program provides a foundational understanding of employee benefit plans subject to audit under ERISA, helping you prepare to navigate the complexities of 401(k) plans. Part VI of the Employee Benefit Plan (EBP) Fundamentals program is made up of two modules which help explain the unique financial reporting requirements of 401(k) plans including: - Plan financial statements - Financial statement disclosures Key Topics - Net assets available for benefits in the financial statements - Changes in net assets available for benefits in the financial statements - Disclosures required by FASB ASC 962 - Required general FASB ASC disclosures - Disclosures required by ERISA and recommended by FinREC Learning Outcomes - Recall the required 401(k) plan financial statements - Recognize the disclosures required in the notes to the financial statements Who Will Benefit Auditors who want a foundational understanding of Employee Benefit Plans (EBP) subject to audit under the Employee Retirement Income Security Act (ERISA), and how they differ from commercial entities they audit.