|Available Formats:||Online Subscription | Paperback | eBook | See All|
It is common for an employee benefit plan administrator to use a third-party administrator or service organization to process certain transactions on behalf of the employee benefit plan. SOC 1 reports assist user auditors in obtaining an understanding of the user entity, including its internal control. In addition, the SOC 1 report provides information to user auditors for the purposes of planning and performing an audit of a user entity’s financial statements.
This practice aid addresses how a SOC 1 report should be considered in the audit of an employee benefit plan and which audit procedures should be applied to the information in the SOC 1 report.
This practice aid provides tools to help you in your audit of employee benefit plans such as:
New guidance that is particularly significant to this practice aid includes:
If purchasing this title as an eBook, please note that it is intended for a single user. An eBook is a downloadable file that will be accessible immediately after completing your purchase. Access to the download link expires 180 days from the purchase date. Download the file before this time elapses. Before downloading your eBook, you must:
Note: To access your eBook on a smartphone, tablet or other reading device, see our FAQ. This product is refundable within 10 days of your purchase date. For more information about this product or service concerns, please contact the CPA2Biz/AICPA Service Center at firstname.lastname@example.org or call 888-777-7077.