September 28, 2022


Webinar


2 CPE

Keys of SOC Reports - Following SSAE 18 Requirements

September 28, 2022
Webinar
2 CPE

Keys of SOC Reports - Following SSAE 18 Requirements

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    Instructor

    Lynn
    Fountain

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Learning Objectives

  • Explore the transition of the accounting standards from Statement on Auditing Standards (SAS) 70 to Statement on Standards for Attestation Engagements (SSAE) 16 and now SSAE 18
  • Recognize the various types of service and subservice organizations
  • Explore procedures to conduct a SOC (Service Organization Control) 1 engagement, develop proper control objectives and determine specific reporting methods
  • Explore procedures to conduct and report on a SOC 2 engagement
  • Recognize the requirements for SOC 3 reports
  • Explore the SOC cybersecurity requirements
  • Recognize the requirements to prepare for a SOC engagement
  • Recognize the requirements for user entities

Major Topics

  • Move from SAS 70 and SSAE 16 to SSAE 18
  • Types of Service Organizations
  • SOC 1 Engagements
  • Control Objectives
  • Reporting
  • SOC 1 and SOC 2 Reporting
  • SOC 3 Reports
  • Preparing for SOC Engagement
  • SOC Comparisons

CPE Credits Available

2 CPE
2
Auditing

Things to Know About This Course

Course Level

  • Basic

Prerequisites

None

Advanced Preparation

None

Intended Audience

CPAs, Corporate personnel working with SOC providers, consultants providing SOC reports

Provider

ACPEN

This event has ended.