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Type1 and Type2 Report by Service Auditor

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › Type1 and Type2 Report by Service Auditor

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by AvatarMikeLittle.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • December 20, 2017 at 12:09 pm #424183
    Avataresskaykay
    Member
    • Topics: 2
    • Replies: 1
    • ☆

    Hello Sir,

    What is the main difference between Type1 and Type2 report. Are they mentioned in User Auditor’s report.

    Thank you.

    December 20, 2017 at 1:37 pm #424196
    AvatarMikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    I don’t see SAS 70 in the list of P7 examinable documents!

    However, here is a brief summary of the contents and differences between a Type 1 report and a Type 2 report:

    Report Contents
    Type I Report Type II Report
    1. Independent service auditor’s report (i.e. opinion) Included Included

    2. Service organization’s description of controls. Included Included

    3. Information provided by the independent service auditor; *see below Included

    4. Other information provided by the service organization (e.g. glossary of terms).
    Optional Included

    * Optional inclusion of a description of the service auditor’s tests of operating effectiveness and the results of those tests

    OK?

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  • The topic ‘Type1 and Type2 Report by Service Auditor’ is closed to new replies.

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