Audit Staff Essentials - Experienced In-Charge or Senior: Using a Service Organization and the Use of a Specialist
Senior auditors can learn what their responsibilities are when service organizations or specialists are used in audits.
Format
Online
NASBA Field of Study
Auditing
Level
Intermediate
CPE Credits
1.5
Author(s)
AICPA and CIMA staff
Availability
1 year
Product Number
ASE4SOC25SSO
Navigating relationships with service organizations and specialists
You'll familiarize yourself with your responsibilities when:
- Your client engages a service organization
- You engage a specialist to help you with complex or unfamiliar areas in certain engagements
This will involve gaining an understanding of topics, such as:
- When and how to refer to service organizations and specialists
- Performance and documentation requirements
- Privacy concerns
- The purpose and types of SOC reports
Consider compliance
You will also apply risk assessment standards to your evaluation of service organizations and learn about the importance of your actions regarding compliance with AU-C section 315.
Who Will Benefit
In-charge and experienced audit staff with more than two to three years of audit experience
Key Topics
- Risk assessment
- SOC reports
- Using a specialist in an audit
Learning Outcomes
- Distinguish between type 1 and type 2 SOC reports, including when each type applies, and the required procedures when using each.
- Identify the differences between an auditor’s specialist or a management specialist, including the required procedures when either is used.
Group ordering for your team
2 to 5 registrants
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US customers call 1-800-634-6780 (option 1)
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