This course provides a practical understanding of IT controls and SOC reporting within financial audits. Participants will learn how to interpret SOC reports, evaluate control effectiveness, and determine reliance strategies. Real-world examples will demonstrate how IT controls tie directly to relevant financial statement areas and alignment with Complementary User Entity Controls (CUECs).
DESIGNED FOR
CPAs, auditors, and professionals involved in SOC reliance
BENEFITS
- Interpret SOC 1 and SOC 2 reports
- Identify CUECs and subservice risks
- Evaluate control design and effectiveness
- Determine audit reliance strategies
HIGHLIGHTS
- SOC Reporting
- Information Technology General Controls (ITGC)
- Audit Reliance
PREREQUISITES
Basic understanding of the financial audit process and System and Organization Controls (SOC) Reports
ADVANCE PREPARATION
None