ExpertHard1 markMultiple Choice
CPA · Question 27 · Area III: SOC Engagements
An auditor is reviewing the 'System Description' for a SOC 2® report. Which of the following is a REQUIRED element of the system description?
An auditor is reviewing the 'System Description' for a SOC 2® report. Which of the following is a REQUIRED element of the system description?
Answer options:
A.
The detailed results of the auditor's testing.
B.
The types of services provided and the principal service commitments and system requirements.
C.
A list of all employees and their salaries.
D.
The auditor's opinion on the financial statements.
How to approach this question
Recall the components of a SOC report. The Description is written by Management. It must say 'What we do' and 'What we promised'.
Full Answer
B.The types of services provided and the principal service commitments and system requirements.✓ Correct
The system description must include the services provided, the principal service commitments (what was promised to customers), and the system requirements (how the system is built to meet those promises).
Common mistakes
Thinking the auditor writes the description (Management does).
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