SSAE 16/SAS 70 Audits Lend Unique Opportunity for CPAs

Service Organization Control (SOC) reports provide valuable insight for end users to assess and address the risks associated with an outsourced service. They are also seen as a competitive advantage for both service organizations and CPA firms. SOC reports demonstrate to consumers that a service organization is committed to security and confidentiality, and SOC engagements are currently an in-demand area of growth for CPA firms.

In an ongoing series featuring niche practice areas for CPAs, CPA Magazine interviewed a panel of knowledgeable SOC advisors, including Weaver’s own Brian Thomas, CISA, CISSP, partner-in-charge of IT advisory services, to provide insights on the environment of SSAE16 audits.

In the feature, Brian and others address approaching SSAE 16/SAS 70 audits for companies that have not had a previous audit, resources and time required to complete an audit, helpful software tools, and associated problems and risks. Brian also addresses how Weaver advises clients through the post-engagement process, including the appropriate language to use when describing a SSAE 16 accomplishment.

The full discussion can be viewed in CPA Magazine’s CPAs Hard to Find for SSAE 16/SAS 70 Audits.