CCSP · Question #261
Which kind of SSAE report comes with a seal of approval from a certified auditor? Response:
The correct answer is C. SOC 3. SOC 3 reports are general use reports providing a high-level summary of a service organization's controls, suitable for public distribution and often include a seal of approval.
Question
Which kind of SSAE report comes with a seal of approval from a certified auditor? Response:
Options
- ASOC 1
- BSOC 2
- CSOC 3
- DSOC 4
How the community answered
(51 responses)- B4% (2)
- C94% (48)
- D2% (1)
Why each option
SOC 3 reports are general use reports providing a high-level summary of a service organization's controls, suitable for public distribution and often include a seal of approval.
SOC 1 reports focus on controls relevant to a user entity's internal control over financial reporting (ICFR) and are restricted to management and user entities.
SOC 2 reports detail controls over security, availability, processing integrity, confidentiality, or privacy and are restricted to specific user entities and other parties.
SOC 3 reports are designed for general public use and provide a summary of a service organization's internal controls over security, availability, processing integrity, confidentiality, or privacy, often carrying a CPA firm's seal. Unlike SOC 1 or SOC 2, they do not provide detailed descriptions of controls or test results, making them suitable for marketing and public assurance.
SOC 4 is not a recognized report type under the AICPA's SOC framework.
Concept tested: SOC report types and purpose
Source: https://us.aicpa.org/interestareas/frc/assuranceadvisoryservices/aicpasoctrustservicestoolkit.html
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