Beyond the Checklist - The Strategic Value of SOC Reports | CPE Online

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Beyond the Checklist - The Strategic Value of SOC Reports Webinar

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Available Formats:

Live Webinar

$69

CPE Credits: 1 Hour
Overview

As organizations increasingly rely on third-party service providers, cloud platforms, and outsourced business functions, understanding and evaluating SOC reports has become an essential component of risk management and internal control oversight. This course provides a practical guide to the SOC reporting landscape, helping participants understand the different types of SOC reports, determine which reports are most relevant to their organizations, and evaluate key report components. The session also explores emerging risks associated with AI adoption and practical steps organizations can take to strengthen vendor oversight and reduce third-party risk. Discover:

  • Why third-party controls matter in today’s technology-driven business environment
  • The different types of SOC reports and how to determine which reports to request and review
  • Practical techniques for evaluating SOC reports, identifying control gaps, and managing vendor and AI-related risks
Objective

To provide CPAs and other finance professionals with a practical understanding of SOC reports and third-party risk management, enabling them to evaluate vendor controls, interpret SOC report findings, and strengthen organizational oversight of outsourced services and emerging technology risks.

Emphasis
  • Modern control challenges:
    – Third-party software
    – Critical operations outside company walls
    – Why vendor controls matter
  • SOC report landscape:
    – Understanding different report types
    – Knowing which report to request
  • Evaluating SOC reports:
    – Understanding structure
    – Auditor’s opinion
    – Complementary User Entity Controls (CUECs)
    – Subservice organizations (CSOCs)
  • AI implementation and practical steps to reduce risk
Speakers

Faten AlKhattar, Director, Citrin Cooperman Advisors LLC

Available Formats:

Live Webinar

$69

CPE Credits: 1 Hour

This course is included in the following subscriptions:

Valid Subscriptions:
Not available
Anytime Subscription
Self-Study Subscription
Combo Subscription
Evening/Weekend Subscription

Need more than one course? Upgrade to a subscription and save.

View Subscriptions
Prerequisite
None
Level of Knowledge
Overview
CPE Credits
1 Hour
NASBA Field of Study
Auditing
Title
CPE Subscriptions: A Better CPE Experience
  • Earn all your credits in one place--no more separate providers.  We're your one-stop-shop to complete your CPE requirements fast.
  • General & state-specific ethics courses are included at no additional cost.  (When we say in one place, we mean it!)
  • Convenience meets flexibility with CPE Subscription options that align with your schedule, no matter how busy you are. 

 

Beyond the Checklist - The Strategic Value of SOC Reports Self-Study Webinar

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Link Copied!

Available Formats:

Self-Study

$69

CPE Credits: 1.5 Hours
Overview

As organizations increasingly rely on third-party service providers, cloud platforms, and outsourced business functions, understanding and evaluating SOC reports has become an essential component of risk management and internal control oversight. This self-study webinar provides a practical guide to the SOC reporting landscape, helping participants understand the different types of SOC reports, determine which reports are most relevant to their organizations, and evaluate key report components. The self-study webinar also explores emerging risks associated with AI adoption and practical steps organizations can take to strengthen vendor oversight and reduce third-party risk. Discover:

  • Why third-party controls matter in today’s technology-driven business environment
  • The different types of SOC reports and how to determine which reports to request and review
  • Practical techniques for evaluating SOC reports, identifying control gaps, and managing vendor and AI-related risks
Objective

To provide CPAs and other finance professionals with a practical understanding of SOC reports and third-party risk management, enabling them to evaluate vendor controls, interpret SOC report findings, and strengthen organizational oversight of outsourced services and emerging technology risks.

 

DETAILED LEARNING OBJECTIVES

• Explain the role of SOC reports in third-party risk management and vendor oversight

• Differentiate among SOC 1, SOC 2, SOC 3, and SOC for Cybersecurity reports

• Identify the appropriate SOC report to request based on specific business and assurance needs

• Describe the key sections of a SOC report and their purpose

• Evaluate auditor opinions, exceptions, and control testing results within SOC reports

• Recognize the importance of Complementary User Entity Controls (CUECs) and subservice organizations

• Apply professional judgment when relying on SOC reports for risk management and assurance purposes

• Assess emerging risks associated with AI-enabled vendor environments and the limitations of existing SOC reporting

Emphasis
  • Modern control challenges:
    – Third-party software
    – Critical operations outside company walls
    – Why vendor controls matter
  • SOC report landscape:
    – Understanding different report types
    – Knowing which report to request
  • Evaluating SOC reports:
    – Understanding structure
    – Auditor’s opinion
    – Complementary User Entity Controls (CUECs)
    – Subservice organizations (CSOCs)
  • AI implementation and practical steps to reduce risk
Speakers

Faten AlKhattar, Director, Citrin Cooperman Advisors LLC

Available Formats:

Self-Study

$69

CPE Credits: 1.5 Hours

This course is included in the following subscriptions:

Valid Subscriptions:
Not available
Anytime Subscription
Self-Study Subscription
Combo Subscription
Evening/Weekend Subscription

Need more than one course? Upgrade to a subscription and save.

View Subscriptions
Prerequisite
None
Level of Knowledge
Overview
CPE Credits
1.5 Hours
NASBA Field of Study
Auditing
Title
CPE Subscriptions: A Better CPE Experience
  • Earn all your credits in one place--no more separate providers.  We're your one-stop-shop to complete your CPE requirements fast.
  • General & state-specific ethics courses are included at no additional cost.  (When we say in one place, we mean it!)
  • Convenience meets flexibility with CPE Subscription options that align with your schedule, no matter how busy you are.