Differentiate the three different types of SOC reports. Explain when a SOC 1 (financial reporting) audit is appropriate. 

Determine when SOC 2 (internal controls) audits are appropriate in contrast to SOC 1 audits. 

Relate the role of the SOC 3 (public report) to the other audit types

Answer rating: 100% (QA)

SOC Service Organization Control reports are part of a framework developed by the American Institute of Certified Public Accountants AICPA to provide assurance about the controls at a service organiza... View the full answer