So this week we found out the server Hillary Clinton used for her personal email account was stored in a bathroom closet. If she requested Platte River Networks to undergo a SSAE16/Service Organization Control (SOC 1 or SOC 2) audit, chances are she would not have mo
Companies are often confused by what type of report is right for their organization and what the differences are between the audits. A general rule of thumb is to ask yourself, "Do the services we provide impact the financial statements of our customers?" If the ans
In today's globally competitive business environment, it's vitally important to make sure you know as much about your business as possible. As a service organization, making sure all the proper controls are in order is critical.
The SSAE 16/SOC Audit is no joke. It’s a very important tool for service organizations and should be taken seriously. The last thing an organization wants is to receive a qualified opinion on their audit.
In recent years regulators have transitioned toward control reporting standards that are more specific to the service offering provided by the service organization. Enter, SSAE 16, or Statement on Standards for Attestation Engagement No. 16.