This is a rebroadcast of the original webcast offered in 2017. 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
Learning Objectives
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