Please ensure Javascript is enabled for purposes of website accessibility
October 3, 2023

When accounting goes unaccounted for

Menu
Latest
Obvious Figure of the Day: 95% of Hiring Managers Are Having Trouble Finding Finance and Accounting Talent Marcum Didn’t Let a Little License to Practice Stand in the Way of Providing Professional Services in Ontario Monday Morning Accounting News Brief: Blaming PwC’s Bro Culture; How Do We Do Office Professional Now? | 10.2.23 Friday Footnotes: EY’s Six CEO Candidates; Deloitte UK Partner Payouts Increase Again; IIA Gets Their Way | 9.29.23 Prager Metis Just Got Thoroughly Boned By the SEC For Hundreds of Independence Violations

SOC 2

Technology

Is it Bye-Bye-Bye to SOC 2?

by Megan Lewczyk

I wish…. While the SOC 2 isn’t exactly going away, the AICPA is in the process of giving it a major revamp. Maybe we can call it SOC Version 2.1? And, it’s about time! Back in June, I grappled with the flaws of the current Service Organization Control (SOC) reporting system: Don’t get me wrong. […]

News

Is SOC Report Branding Just Alphabet Soup?

by Megan Lewczyk

SAS 70 isn’t a thing anymore and hasn’t been for awhile. SSAE 16 superseded the SAS 70 pronouncement in 2011. However, outside of a relatively small cohort of practitioners, how many people actually understand the SOC 1, SOC 2, SOC 3 branding? You guessed it… hardly anyone. And it has been 6 years. I know […]