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Employee Benefit Plans Accounting, Auditing and Regulatory Update 2011 Live Broadcasts


SOC1 (formerly known as SAS 70)


Dec 12, 2011 1:40pm ‐ Dec 12, 2011 2:40pm

Description

SOC 1 has replaced SAS 70. Many plan administration and recordkeeping functions are outsourced to service organizations. Merely obtaining the SOC1 (SAS 70) Report does not fulfill your responsibility as the plan’s auditor. Learn what changes to anticipate with the new reports, how to use Service Auditor Reports in your audits and how to:

  • Get the most out of the Service Auditor report
  • Link risk assessment to controls
  • Evaluate user controls
  • Document conclusions as to reliance
  • Use the Service Auditor Report Review Checklist Tool

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