Reporting on an Examination of Controls at a Service Organization Relevant to User Entities' Internal Control Over Financial Reporting (SOC 1)

Sprache: Englisch

Verlag: Wiley, 2017

1943546649 / 9781943546640

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This updated and improved guide is designed to help accountants effectively perform SOC 1® engagements under AT-C section 320, Reporting on an Examination of Controls at a Service Organization Relevant to User Entities? Internal Control Over Financial Reporting, of Statement on Standards for Attestation Engagements (SSAE) No. 18, Attestation Standards: Clarification and Recodification. With the growth in business specialization, outsourcing tasks and functions to service organizations has become increasingly popular, increasing the demand for SOC 1 engagements. This guide will help: Gain a deeper understanding of the requirements and guidance in AT-C section 320 for performing SOC 1 engagements.Obtain guidance from top CPAs on how to implement AT-C section 320 and address common and practice issues.Provide best in class services related to planning, performing, and reporting on a SOC 1 engagement.Successfully implement changes in AT-C section 320 arising from the issuance of SSAE 18, which is effective for reports dated on or after May 1, 2017.Determine how to describe the matter giving rise to a modified opinion by providing over 20 illustrative paragraphs for different situations.Understand the kinds of information auditors of the financial statements of user entities need from a service auditor's report.Implement the requirement in SSAE No. 18 to obtain a written assertion from management of the service organization.Organize and draft relevant sections of a type 2 report by providing complete illustrative type 2 reports that include the service auditor?s report, management?s assertion, the description of the service organization?s system, and the service auditor?s description of tests of controls and results.Develop management representation letters for SOC 1 engagements. …

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Titel
Reporting on an Examination of Controls at a Service Organization Relevant to User Entities' Internal Control Over Financial Reporting (SOC 1)
Autor
Aicpa
Verlag
Wiley
Veröffentlichungsjahr
2017
Zustand
Very Good
Einband
Paperback
Sprache
Englisch
ISBN-10
1943546649
ISBN-13
9781943546640

World of Books (was SecondSale)

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AbeBooks-Verkäufer/-in seit 20. Dezember 2007

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Founded in 2002, World of Books is a leading online destination for buying and selling both preloved and new books, committed to making sustainable reading accessible to all. With a mission to help people read more and waste less, World of Books offers a huge range of affordable, high-quality books — giving both new and preloved titles a second life. The company also operates World of Books – Sell Your Books, an easy-to-use platform that allows customers to trade in unwanted books for cash, helping to keep books in circulation while promoting sustainability. As a Certified B Corp, World of Books is driven by a vision to become the world’s largest and most sustainable dedicated online bookstore. The company measures its success through the positive environmental impact it creates, the value it provides to customers, and its ability to operate profitably while supporting its sustainable mission …

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