Unit 6: legal Compliance

Question 1

What are the types of audit reports?

Answer 1

1. Service Organization controls (SOC1):

Report on controls at a service organization relevant to user entities’ internal control over financial reporting (SSAE 16)

2. SOC 2: Report on controls at a service organization relevant to security, availability, processing integrity, confidentiality or privacy
3. SOC 3: Trust Services Report for Service Organizations