Hello Sir,
What is the main difference between Type1 and Type2 report. Are they mentioned in User Auditor's report.
Thank you.
Ask the Tutor ACCA AAA
Type1 and Type2 Report by Service Auditor
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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