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March 20, 2023

When accounting goes unaccounted for

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Friday Footnotes: An Outsourcing Shortage Now Too?; Finally, Some Disruption; PwC Haters Celebrate Government Inquiry | 3.17.23 MNCPA to Educators: “We Do Not Need New CPAs Who Have Additional College Credits; We Need More CPAs, Period.” Accounting Firm Leaders Cite ‘Rising Salaries’ As The Second Biggest Problem Facing Their Firms With Project Everest on Pause, Let’s Pause a Sec to Shed a Tear For EY’s Reputation As Transaction Advisors WTF Happened at SVB and Should KPMG Auditors Have Seen It Coming?

SOC 3

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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 SSAE 16 superseded the SAS 70 pronouncement in 2011.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 […]