In this webcast, we will discuss how to maximize your firm’s use of a SOC 1 report in your EBP audits. You’ll get tips and tricks for effectively reviewing and understanding the SOC 1 report and other firm best practices.
*Use the EBPAQC tool, Documentation of Use of a Type 2 Service Auditor’s Report in an Audit of an Employee Benefit Plan’s Financial Statements. *Identify and link risk assessments to controls. *Evaluate user controls. *Determine and document conclusions regarding how the SOC 1 report will be used to gain an understanding of the plan’s internal controls and potentially reduce substantive testing.
CPAs, financial planners, Tax professionals, Other qualified professionals