Question: Your Assignment Read the documents posted to Canvas, as well as others that you can find and write a short paper on the impact of
Your Assignment Read the documents posted to Canvas, as well as others that you can find and write a short paper on the impact of these services. Be sure to answer the following questions Define a Service Organization. Provide examples of a Service Organization. Identify the following: User Entity, Service Auditor, User Entity Auditor. Identify the 3 SOC services available in the SOC for Service Organizations. What is the Service Auditor's role? What AICPA professional standards does the Service Auditor use when performing an examination? How does the use of a Service Organization impact the User Entity? How does the use of a Service Organization impact the User Entity Auditor? Identify and define the two major types of SOC I reports and the major differences between the reports. Hint: SOC 1 Type 1 and Type 2. How will the different content of each of the reports affect the User Entity Auditor? Be sure to address the impact on issuer and non-issuer audit engagements
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