How To Read Soc(System And Organization Controls) 1 Reports
Published 7/2022
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz
Language: English | Size: 133.42 MB | Duration: 0h 32m

Understand the different sections in SOC 1 Type 2 report and their significance.
What you'll learn
Understand what SOC reports are and guidance to read a SOC 1 Report
Identify different sections of SOC 1 report and significance
How SOC reports can be used to assess a vendor
Apply the learnings to read any SOC 1 report
Requirements
Basic understanding of controls and Information Technology
Description
This course will help to understand the need for SOC reports, the basics of reading SOC 1 reports, the types of SOC reports, and the significance of different sections within the SOC report.As IT Managers/IT auditors/anyone who is interested in SOC Reports, this course will help you to:1) Understand how SOC reports are prepared & why we need them?2) The course introduces you to the different types of SOC reports available and learn in detail about SOC 1 reports:SOC1SOC2SOC3SOC for cybersecuritySOC for Supply chainType 1 and type 2 reports3) How SOC reports are used by a customer and the Vendor?4) Different sections and terms within the SOC 1 report including Complementary User entity controls and Complimentary Sub service Organization controls.5) Deep dive into each section of the report with examples as needed:Independent Service Auditor's opinion (Qualified, Unqualified, Adverse, Disclaimer)Management AssertionSystem DescriptionControl objectives, Controls, and Test resultsRelationship between Control Objectives and risksComplementary User Entity controls and Complimentary Sub service organization controlsOther information & Management Response6) Other useful information such as the Bridge letter7) Sub-service Organizations( Inclusive, Carve-out methods)8) Characteristics of Control activities9) Internal control over financial reporting10) General IT controls11) Attestation Standards such as SSAE18(Statement on Standards for attestation engagements 18) and ISAE3402
Overview
Section 1: Understand SOC reports , Key terms, types of SOC reports
Lecture 1 Introduction
Lecture 2 Course Outline
Lecture 3 Brief on SOC Reports and Why do need them?
Lecture 4 Key terms in SOC reports
Lecture 5 Types of SOC Reports
Lecture 6 Differences between SOC Reports
Section 2: Deep Dive into SOC 1 reports
Lecture 7 Glimpse of SOC 1 Report Sections
Lecture 8 Sections in SOC 1 report - Part 1
Lecture 9 Sections in SOC 1 report - Part 2
Lecture 10 Sections in SOC 1 report - Part 3
Lecture 11 Sections in SOC 1 report Part 4
Lecture 12 Sections in SOC 1 report Part 5
Section 3: Useful Information for SOC Reports
Lecture 13 Useful Information for SOC Reports
IT Managers, Security Managers, Security practitioners, IT Auditors, Accountants, Anyone who is interested in learning SOC reports
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