service organizations-user auditors and service auditors Flashcards
1
Q
user auditor objective
A
obtain and understanding of the services provided by a service organizaiton, including internal controls
design and perform audit procedures that are responsive to those risks
2
Q
service auditor reports on _____ not f’s
A
internal control
3
Q
type 1 report
A
report on managements description of a service organizations system and the suitability of design controls
4
Q
type 2 report
A
report on managements description of a service organizations system and the suitability of the design and operating effectiveness of controls
5
Q
service organization
A
an org or segment of org that provides services to user entities that are relevant to those user entities internal control over financial reporting
