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Surgent's Service Organization Control Reports - A User Auditor View

 Currently available
 
2.0
26 / S-60149
Registration is Open
Member Price
$89.00 Regular Registration
Your Price
$93.00 Regular Registration
Designed For:

Accounting and auditing practitioners at all levels desiring to remain up to date on recent pronouncements and other standard setters' activities

Prerequisite:

Experience in accounting and attestation

As entities continue to oursource financially significant processes, auditors will need to rely on third party assessments of the effectiveness of the controls over these processes. These assessments are called SOC1 reports. Understanding the scope, level of testing and results of such reports is critical to the successful completion of any financial statement audit.In this course, we'll review the relevant information which auditors need to know about SOC1s, including their professional standards guidance, scope (Type 1 or 2), coverage and user auditor response to control deficiencies identified by the service auditor.

Delivery Method: On-Demand Webcast
CPE Credit: Auditing
Program Level: Update

This course is being offered by a 3rd party vendor and will not be accessible on your My CPE page. Webinar access information will be emailed directly to you by Surgent McCoy.

Objectives

  • Identify the types of business processes that are outsourced
  • Identify when an auditor should request a SOC report
  • Discuss with clients why it is important for management to obtain SOC reports on an ongoing basis
  • Understand the role of the SOC report in an audit
  • Identify the characteristics of SOC 1, 2, and 3 reports
  • Perform the procedures necessary to evaluate a SOC report
  • Prepare documentation to support the evaluation of a SOC report

Advanced Preparation

None

Vendor

The Virginia Society of CPAs (VSCPA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBARegistry.org.

For more information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call (800) 733-8272.