Question: When the user entity outsources key aspects of its accounting system to an outside service organization, the user auditor needs to obtain a SOC 1,

When the user entity outsources key aspects of its accounting system to an outside service organization, the user auditor needs to obtain a SOC 1, Type 2 report to determine:

a. If any management letter comments are warranted.

b. How service organization controls will influence choices about the nature, timing, and extent of substantive audit procedures.

c. If user entity controls can be relied on. d. if service organization controls address cybersecurity risks.

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