SSAE 16: How to Review Reports

Description

For companies using outsourced service providers for payroll processing (ADP, PayChex, Ceridian), data center hosting (365 Main, Equinix) and software-as-a-service applications (NetSuite, Avalara, Salesforce.com), SSAE 16 reports are a fact of life. In this step-by-step course, learn to review the key elements of SSAE 16 reports for your company. We will share a template to address user control considerations and document controls that your company relies on.

Highlights

• SSAE 16, SOC 1
• Internal controls
• SOX

Objectives

• Determine whether a SSAE16 is a Type I or Type II report.
• Identify an unqualified opinion.
• Determine how long a report is good for.
• Determine what is a "bridge letter."
• Identify "user entity considerations" and how best to document them.
• Determine what to do after you review the SSAE16 report.

Designed For

Accountants who work for public companies that need to be SOX compliant.