Using a SOC 1 Report in an Employee Benefit Plan Audit

Session Date: 
May 8th, 2017 - 4:10PM5:25PM


This session will address how SOC 1 reports are used within an EBP Audit. Facilitators recommend bringing your laptop to this session to fully participate in the case study.

Attendees will understand:

  • How SOC 1 reports are used to obtain an understanding of internal control over financial reporting in an EBP audit
  • How SOC 1 reports impact risk assessment and planned nature, timing, and extent of substantive audit procedures
  • Common issues auditors deal with in evaluating SOC 1 reports (e.g. report qualifications, carve-outs, exceptions)
  • How to determine which controls are key user entity controls and testing their operating effectiveness
  • How the evaluation and use of service organization reports are documented in an audit as well as other documentation considerations/best practices

Field of Study:

Session Type:

Skill Level:

Speaker(s) Speaker Details Session(s)
Gwen Bryant CPA, Assurance Partner, HoganTaylor LLP, Tulsa, AR 20, 44, 52
Anne Morris CPA, Senior Manager, Windham Brannon, P.C., Atlanta, GA 20, 69

Field of Study Legend

Behavioral Ethics
Business Management & Organization
Personal Development
Specialized Knowledge

Skill Levels Legend

L1 - Level 1
L2 - Level 2
L* - Level 1 & Level 2