Overview
Gain a basic understanding of SOC 2 and SOC 3 examinations before learning how to perform these engagements or use the reports.
New to SOC 2 reporting?
Many organizations outsource services and need assurance relevant to security, availability, and processing integrity of the systems the service organizations use to process users’ data and the confidentiality and privacy of the information processed by these systems. SOC 2 reports provide pertinent information to outsourcing organizations and their auditors to assess and address the risks and controls associated with outsourced services. SOC 3 reports provide less detail and are intended for the general public.
This course will provide you with an overview of SOC 2 and SOC 3 reporting. Patrick Morin, an experienced service auditor, will cover the basics of planning, executing, and reporting on an examination of internal controls over financial reporting at a service organization to prepare you for your SOC 2 examination.
Who?
- Service auditors
- Service organization management
- Financial statement auditors
- Internal auditors
- Entities that outsource functions to service organizations
Course Outline
| CPE Credits | 2.5 |
|---|---|
| Format: | Course - Online |
| Access: | This is a digital product. You will have access to the content for a year after purchase date. |
| Instructor | Patrick A. Morin CPA, CISA, CITP Patrick (Pat) is a principal and director of the risk and business advisory practice at Baker Newman Noyes, specializing in a wide range of topics related to business process and information systems. He has been with the firm since it was founded, having previously been with one of our predecessor firms since 1988. Pat has significant experience providing services such as assessment and evaluation of business processes and the identification of information system solutions, creation of control frameworks to mitigate risk, information technology control and security reviews and SSAE 16 Service Organization Control examinations, developing solutions to analyze large-scale data sets, and developing information technology strategies and business resumption plans. Pat is a nationally recognized expert in SOC for Service Organizations examinations; he provides SOC for Service Organizations examination quality review services for three regional CPA firms. Pat earned a bachelor's degree in accounting from the University of Maine, Orono. |
Program Completion
You have twelve (12) months from the date of purchase to complete the entire program.
Activation Details
- The online course subscription validity period is for 12 Months respectively.
- Students will receive an activation directly from AICPA within 3 working days
Learning Outcomes
- Identify SOC 2 planning considerations and responsibilities.
- Recall how to execute procedures related to design and operating effectiveness of controls, and evaluate results.
- Recognize requirements for reporting and completing a SOC 2 engagement.
- Recognize differences between SOC 2 and SOC 3 reports.
Topics covered
- SOC 2 report planning considerations
- Management’s responsibilities
- Evaluation and testing of controls related to financial reporting
- SOC 2 reporting matters and considerations
- Completing a SOC 2 engagement