Your boss has asked you to prepare a report on control issues with outsourcing your company’s financial reporting to a cloud service organization. Your company also needs to move its operational data to the same cloud service organization, he added. After a few calls to the IT department, you realize that the cloud service organization provides Software-as-a-Service (SaaS) and Infrastructure-as-a-Service. What are you going to include in your report? Prepare a summary and outline your findings.
What are service organization controls?
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