Event Description

This course provides a comprehensive overview of SOC 1 reports in the context of employee benefit plan audits. The course covers the evaluation and documentation of SOC 1 reports, understanding control objectives, complementary user entity controls (CUECs), and best practices for efficient SOC 1 review processes. Special attention is given to practical tools and templates that can streamline the review process while maintaining audit quality.

Objectives

 Identify key components of SOC 1 reports and their relevance to employee benefit plan audits
 Evaluate control objectives and complementary user entity controls for audit planning
 Apply best practices for documenting SOC 1 review procedures
 Distinguish between different approaches for situations with and without SOC 1 reports