Service Organization Controls (SOC) examination updates
Baker Tilly’s SOC specialists discussed the impacts and requirements from the new SOC guidance, along with other important current topics in this recent webinar.
As the AICPA is in preparations to release SSAE18, a replacement to SSAE16, what changes are expected to SOC examinations? What are the new SOC 2 trust services principles and criteria, effective for periods ending on or after December 15, 2016?
- Discussing an overview of the new SSAE18 standard guidance, applicability and biggest client-impacting changes. This new standard will be effective for reports issued on or after May 1, 2017.
- Understanding the recent updates to the trust services principles and criteria, including the new privacy criteria, and the latest SOC 2 audit guide.
- How the new COSO exposure draft and 2017 cybersecurity framework may impact the industry.