EspressoCoffee uses EDA Bank to invest. When the EspressoCoffee financial statements are audited, the auditor needs information about the EspressoCoffee internal control over financial reporting, including controls at the EDA Bank that affect EspressoCoffee’s financial statements.
a. What type of information does the SOC 1 Type 1 report include?
b. What type of information does the SOC 1 Type 2 report include?
What are service organization controls?
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