Navigating The Transition From SAS 70 To SOC Reports

Navigating The Transition From SAS 70 To SOC Reports

Downloadable Video - 2015
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Course Overview For two decades, companies have relied on SAS 70 reports to gain assurance that proper internal controls over financial reporting are in place at service organizations. Victor Albanese, of the consulting services group at EisnerAmper LLP, examines how SAS 70's replacement, new Service Organization Control (SOC) reports, will affect businesses that outsource any of their functions to third parties. Learning Objectives: Upon successful completion of this segment, you should be able to: describe how SAS 70 reports were used; explain the changes brought about by Statement on Standards for Attestation Engagements (SS') No. 16; outline the basic elements of a SOC 1 report; identify the five trust principles that govern the use of SOC 2 and SOC 3 reports.
Publisher: [San Francisco, California, USA] :, Kanopy Streaming,, 2015
Characteristics: 1 online resource (streaming video file)
Additional Contributors: Kanopy (Firm)

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