What is a SOC Audit and When Do You Need a SOC Report?

NO IRS CE - NASBA CPE Only*

This course is designed for individuals who would like to obtain a basic understanding of SOC reports. We will discuss various types of SOC reports and when organizations should obtain a SOC report. Do you need a type 1 or Type 2 Soc Report. We will discuss reviewing a SOC report to determine if the vendor meets the internal control requirements your company has established. We will also discuss the Cybersecurity SOC report and the Supply Chain Soc Report.
This course would be appropriate for CPAs, CMAs, CIAs CGMAs, CFEs, CFOs, directors, department managers, auditors, bookkeepers, and staff accountants and anyone responsible for vendor management.

Topics Covered:
• Audit Standards
• Internal Controls
• SOC Reports
Learning Objectives:
• Identify the different types of SOC reports
• Determine when a SOC report is needed

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*Self-Study recording not available for credit.

NASBA Field of Study: TBA