SSAE 16 Professionals, LLP Releases a Video to Educate Clients Around the Differences Between SSAE 16 vs SOC 2 and Type I vs Type II

SSAE 16 Professionals has long realized and responded to the lack of quality educational resources readily available in the marketplace.

  • Share on TwitterShare on FacebookShare on Google+Share on LinkedInEmail a friend
Delivering SSAE 16 Type I and Type II Reports

SSAE 16 Professionals, LLP

As a nationally recognized CPA firm, we assume the role of an educator by developing educational resources for service organizations and making them available within the entire marketplace.

Los Angeles, CA (PRWEB) September 25, 2013

SSAE 16 Professionals has long realized and responded to the lack of quality educational resources readily available in the marketplace. Especially with the transition from SAS 70 to SSAE 16, the only thing that seems to be fully understood among service organizations is the level of confusion regarding SOC 1 versus SOC 2 and Type I versus Type II reports. In fact, many service organizations think a SOC 1 is equivalent to Type I and a SOC 2 is equivalent to a Type II. “This confusion is well founded. In fact, many of our clients and client prospects had no idea in regards to the differences and variations of these reports,” according Jim Jimenez, the Managing Partner of SSAE 16 Professionals.

With the demand for both SSAE 16 (SOC 1) and SOC 2 audits on the rise, many service organizations are confused and uncertain as to which audit best serves their needs. Tim Roncevich, Partner and Practice leader for SSAE 16 Professionals states: “there is a sizeable knowledge gap coupled with the lack of educational material and resources available to bridge this gap. As a nationally recognized CPA firm, we assume the role of an educator by developing educational resources for service organizations and making them available within the entire marketplace.”

As a leading national provider of SSAE 16 (SOC 1), SOC 2 and other IT compliance audits, SSAE 16 Professionals is proud to release its SSAE 16 vs SOC 2 and Type I vs Type II video. This educational video is one of many within the firm’s video library in response to the educational and knowledge gap that exists in the marketplace. The video offers clarification on the differences between an SSAE 16 (SOC 1) and SOC 2 audit and also describes the applicability of Type I and Type II as they relate to both audits.

About SSAE 16 Professionals
SSAE 16 Professionals, LLP is a leading PCAOB registered accounting firm that specializes in SSAE 16 (SOC 1) and SOC 2 audits, SSAE 16 (SOC 1) and SOC 2 readiness reviews, and other IT audit and compliance reports. Each of our professionals has over 10 years of relevant experience at “Big 4” and other large international or regional accounting firms. Each professional is certified as a CPA (Certified Public Accountant), CISA (Certified Information Systems Auditor), CIA (Certified Internal Auditor), CISSP (Certified Information Systems Security Professional), CRISC (Certified in Risk and Information Systems Control) and/or MBA (Master of Business Administration). For more information, please visit http://www.SSAE16Professionals.com.


Contact

Follow us on: Contact's Google Plus

Attachments

SSAE 16 is a report on controls at a service organization relevant to user entities' internal control over financial reporting (ICFR) SSAE 16 (SOC 1) Reports

SSAE 16 is a report on controls at a service organization relevant to user entities' internal control over financial reporting (ICFR)


Whereas SSAE 16 Reports focus on internal controls over financial reporting, SOC 2 Reports focus on controls related to Security, Availability, Processing Integrity, Confidentiality, and Privacy SOC 2 Reports

Whereas SSAE 16 Reports focus on internal controls over financial reporting, SOC 2 Reports focus on controls related to Security, Availability, Processing Integrity, Confidentiality, and Privacy