The following is taken from a SOC 1 report. Select from the…
The following is taken from a SOC 1 report. Select from the option list provided the most appropriate word or phrase. Our examination was conducted in accordance with . Those standards require that we plan and perform the examination to obtain about whether, in all material respects, based on the criteria in management’s assertion, the description is fairly presented and the controls were to achieve the related control objectives stated in the description throughout the period 1/1/X1 to 12/31/X1. We believe that the evidence we obtained is to provide a reasonable basis for our opinion. An examination of a description of a service organization’s system and the suitability of the design and operating effectiveness of controls involves Performing to obtain evidence about the fairness of the presentation of the description and the suitability of the design and operating effectiveness of the controls to achieve the related control objectives stated in the description, based on the criteria in management’s assertion. Assessing the that the description is not fairly presented and that the controls were not suitably designed or operating effectively to achieve the related control objectives stated in the description Testing the of those controls that management considers necessary to provide reasonable assurance that the related control objectives stated in the description were achieved. Evaluating the overall of the description, suitability of the control objectives stated in the description, and suitability of the criteria specified by the service organization in its assertion.
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