ACPEN: IT Controls & SOC Reporting in Financial Audits

Overview

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).

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

Designed For

CPAs, auditors, and professionals involved in SOC reliance

Objectives

• Interpret SOC 1 and SOC 2 reports
• Identify CUECs and subservice risks
• Evaluate control design and effectiveness
• Determine audit reliance strategies

Preparation

None