Ssae 18 Control Objectives

Will be implemented by the subservice organizations and are necessary to achieve the control objectives.

Ssae 18 control objectives.

The ssae 18 guidance primarily clarifies existing auditing standards. Since ssae 18 has effectively replaced ssae 16 and also sas 70 and because the ssae 18 controls and related assertions need to be based on relevant internal control over financial reporting icfr service organizations need to constructively re think their control objectives. Changes for service organizations themselves revision what service organizations need to do differently csocs a complementary subservice organization control csoc is a control that management assumes will be implemented by their subservice organization. Specifically a soc 1 ssae 18 scoping and readiness assessment helps identify what business processes are to be included including icfr issues along with evaluating internal control processes and procedures documentation deficiencies technical security control weaknesses and more.

Entity s internal control over financial reporting that is integrated with an audit of its financial statements and related attestation interpretation no. Moving to ssae 18. 1 reporting under section 112 of the federal deposit insurance corporation. What is ssae 18.

The aicpa s control objective definition provided in ssae 18 is the aim or purpose of specified controls at the service organization. Type 2 report on the fairness of the presentation of management s description of the service organization s system and the suitability of the design and operating effectiveness of the controls to achieve the related control objectives included in the description throughout a specified period. Under the ssae 18 standard complementary user entity controls are now defined as those controls that are only necessary to achieve control objectives stated in management s description. A clearer view of attestation standards for service organizations 1.

It is also intended to reduce instances of duplication within similar standards that cover examinations reviews and agreed upon procedure engagements.