SSAE 18 / SOC 1 Type 1 Report – Background Information
A SSAE 18 / SOC 1 Type I Report shows Company’s that your Organization has appropriate controls designed and in place as of the date
A SSAE 18 / SOC 1 Type I Report shows Company’s that your Organization has appropriate controls designed and in place as of the date
Some organizations have heard of SAS 70, SSAE 16, and soon to be SSAE 18, but, don’t really know WHY they need to pay to
This tip is focused on designing controls that reflect the process being testing, if they don’t, a headache of massive proportions will be created once
The System and Organization Controls (SOC) 2 Report will be performed in accordance with AT-C 205 (formerly under AT-101) and based upon the Trust Services
A SOC 1 Report (System and Organization Controls Report) is a report on Controls at a Service Organization which are relevant to user entities’ internal
There are significant differences between a Type I and Type II report, however, we aren’t going to discuss that here, thats for another day. We
If you have never been audited before, as is the case with many service organizations, you are probably wondering what kind of documentation will I
Criteria, as defined by the SSAE 18 (formerly SSAE 16) guidance are: The standards or benchmarks used to measure and present the subject matter and
When performing a SSAE 16 Review, you will be inundated with various terms that you may have never heard of before. We plan on continuing
SSAE 18 is a series of enhancements aimed to increase the usefulness and quality of SOC reports, now, superseding SSAE 16, and, obviously the relic
If you have never been audited before, as is the case with many service organizations, you are probably wondering what kind of documentation will I need to give the auditors?
There are significant differences between a Type I and Type II report, however, we aren’t going to discuss that here, thats for another day. We will discuss the basics of
Some organizations have heard of SAS 70, SSAE 16, and now SSAE 18, but, haven’t seen the value, other than because one of their customer require it. Truth is, that’s
A SOC 1 Report (System and Organization Controls Report) is a report on Controls at a Service Organization which are relevant to user entities’ internal control over financial reporting. The
Another series we will have periodic posts about will be related to potential controls that would be expected to be in place, almost regardless of the entity in question. This
Introduction SSAE 16 and ISAE 3402 are two widely used auditing standards for service organizations. Many assume SSAE 16 is just the U.S. version of the international ISAE 3402 standard,