May 15, 2017

SSAE 16 refers to Statement on Standards for Attestation Engagements No. 16. The SSAE 16 replaced the audit requirements under SAS 70 (Statement of Auditing Standards No. 70)

March 21, 2017

SOC 1 reports will look nearly identical under SSAE 18 as they did under SSAE 16, and changes to the reports will be minor, so there is not much that service organizations will have to change, especially Holtzman Partners clients. However, the shift to SSAE 18 does result in 5 main changes.

February 10, 2015

The AICPA and CPA Canada decided in October 2014 to discontinue the SysTrust and SOC 3 SysTrust for Service Organizations seal programs. This news may affect service organizations that had obtained or planned to obtain a SOC 3 report.

July 19, 2014

Earlier this year the AICPA issued an update to the Trust Services Principles and Criteria (TSPC) impacting how SOC 2 and SOC 3 examinations are conducted and reported. It is essential for companies undergoing these examinations to understand the changes to the TSPC since they will significantly impact the examination process. The 2014 version of […]

April 2, 2014

In January 2014, the AICPA released a new whitepaper, CPAs Guide to Developing the System Description for a SOC 1 Engagement. The document provides important guidance for service organizations undergoing a SSAE 16 SOC 1 audit.

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