Aicpa Service Organization Control Soc Reports

Similar to a soc 1 report there are two types of reports.

Aicpa service organization control soc reports.

A type 2 report on management s description of a service organization s system and the suitability of the design and operating effectiveness of controls. And a type 1 report on management s description of a service organization s system and the suitability of the design of controls. All materials are available as free downloads. These reports prepared in accordance with at c section 320 reporting on an examination of controls at a service organization relevant to user entities internal control over financial reporting are specifically intended to meet the needs of entities that use service organizations user entities and the cpas that audit the user entities financial statements user auditors in evaluating the effect of the controls at the service organization on the user entities financial statements.

Soc for service organizations are internal control reports on the services provided by a service organization providing valuable information that users need to assess and address the risks associated with an outsourced service. Soc for service organizations. System and organization controls soc is a suite of service offerings cpas may provide in connection with system level controls of a service organization or entity level controls of other organizations.