Problem

SOC 1, Type 2 reports by the service organization’s auditor typicallya. Provide reasonable...

SOC 1, Type 2 reports by the service organization’s auditor typically

a. Provide reasonable assurance that their financial statements are free of material misstatements.

b. Ensure that the entity will not have any misstatements in areas related to the service organization’s activities.

c. Ensure that the entity is billed correctly.

d. Assess whether the service organization’s controls are suitably designed and operating effectively.

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