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CITP Module 3 - Course 2: SOC for Service Organizations Reporting Essentials

Provider: AICPA

Length: 50 minutes

Auditing 1 CPE Credits Basic QAS self study
New to SOC reporting?
Many organizations outsource services for various reasons. They rely on controls at those service organizations for assurance.

A SOC for service organizations report on internal control related to the services provided by a service organization provides valuable information that users need to address and assess the risks and controls associated with outsourcing.

Patrick Morin, an experienced service auditor, will provide you with an overview of SOC for service organizations reporting. Obtain a basic understanding of SOC for service organizations examinations before learning how to perform an engagement or use a report.

Who Will Benefit
- Service auditors
- Service organization management
- Financial statement auditors
- Internal auditors
- Entities that outsource functions to service organizations

Key Topics
- Purposes of SOC 1®, SOC 2®, and SOC 3® reports
- Differences among the reports and their intended users
- Standards that are relevant and applicable to SOC 1, SOC 2, and SOC 3 reporting engagements
- Common peer review findings related to SOC engagements

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