FMN Auditing

FMN Plus-2024/Nov, Seg 2 - Building Trust: SOC 2 Compliance and Managing Third-Party Risks

Managing the risks of cyberattacks has become more difficult as companies rely on a growing number of third-party vendors for services like cloud computing and software development. SOC 2 (System and Organization Controls 2), a compliance standard developed by the AICPA, helps ensure that companies protect their clients' data securely. Audrey Katcher is a partner in RubinBrown’s Business Advisory Group, overseeing the group’s Information Technology Risk Services (ITRS). She offers her expertise in third-party assurance and SOC reports, helping companies understand and manage technology risks for the benefit of their clients and their businesses.

Learning Objectives:

  • Recognize the current environmental changes and threats in the third-party trust arena, including increased cyber-attacks, outages, and the growing use of AI by threat actors
  • Identify ways to leverage SOC reports to improve internal control over financial reporting
  • Recognize differences between SOC 1, SOC 2 & SOC for cybersecurity reports and how they complement each other
  • Identify how to develop and enforce strong governance over third-party risk management


Prerequisites/Advanced Preparation:

Work experience in auditing, or an introductory course in auditing.


Speaker / Author:

Audrey Katcher

Kaplan

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Price (USD)

Standard: $69.90

Details

Course Code : FMN1593-FM

Release Date : 11/08/2024
Expire Date : 06/13/2026
Credits :
CPE 2.00
QAS 2.00

Length : 1hr 40min
Course Level : Update
Course Type : QAS Self-Study
Passing Grade : 70%
Format Type : eLearning
Mobile Compatible
Field Of Study : Auditing

Theme : Internal Audit Best Practices

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