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SOC1 audits

Back after a long hiatus, this is what busy season does to you; you barely want to look at your computer when you are back home. Onto the questions...

I've been working on several large public companies that deal with SOC 1 work and have less experience in other types of audits (such as financial statement audits). What is your point of view on SOC 1 audits? Any thoughts on which type of audits to gain experience in? 

It's good getting that SOC1 work experience under your belt for a few months, but try and get out after that. It'll help you get a better understanding of why we can rely on service organizations, but take that knowledge and move on. There is really no value on this outside of the audit sphere unless you want to go into internal audit. Do your best to get into financial statement audits, you'll have a much better understanding of financial statements there.


Comments

otr214423 said…
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Thus think over this concept and go ahead.
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