Description
This session is part 1 of 2 of working through the planning and risk assessment process for the fundamental track case study and will continue in Session #19. These sessions include consideration of SOC 1 reports and certifications for limited scope audits.
- Recognize necessary procedures to properly plan an employee benefit plan, through utilization of an example.
- Recall risk assessment standards and linkage to planned procedures based on risk evaluation by audit area at the assertion level, utilizing examples of documentation tools.
- Recognize when limited-scope audits are appropriate utilizing evaluation tool.
- Identify a SOC 1 report and recall its components' (i.e., user controls) impact on planned procedures and risk assessment by walking through a SOC 1 evaluation.
Speaker(s):
- Chip
Harris,
CPA,
Partner,
RubinBrown LLP
- Theresa
McDowell,
CPA,
Partner,
Plante Moran
- Sara
Wilson,
CPA,
Managing Director,
Grant Thornton LLP
- Gregory
M. Clark,
CPA, CGMA,
Partner,
Business Compliance & Controls
