How the Trust Services Criteria changes will impact user organizations
As service organizations move into the 2017 SOC reporting cycle, we discuss ways to meet the needs of user organizations, while maintaining compliance with the newly released SSAE 18 standard. In this webinar, Baker Tilly reviews recent Trust Services Criteria changes and user perspectives you should build into this year’s planning process, and beyond.
Key takeaways
- Scoping: Define key risk areas and incorporate industry trends to efficiently and effectively meet users’ vendor management requirements and reporting needs. Understand what SOC 2 + is as how it can aid your organization’s regulatory requirements.
- SSAE 18 updates and execution: Enhance existing test procedures to address recent PCAOB and AICPA focus areas / guidance and learn what changes SSAE 18 aims to make. Understand changes to the Trust Services Criteria and how they impact your organization.
- Reporting: Revisit report content for level of detail, clarity and tone to demonstrate commitment to risk management and internal control, while meeting the needs of a broad audience.