Senior auditors can learn what their responsibilities are when service organizations or specialists are used in audits. Navigating relationships with service organizations and specialists You'll familiarize yourself with your responsibilities when: - Your client engages a service organization - You engage a specialist to help you with complex or unfamiliar areas in certain engagements This will involve gaining an understanding of topics, such as: - When and how to refer to service organizations and specialists - Performance and documentation requirements - Privacy concerns - The purpose and types of SOC reports Consider compliance You will also apply risk assessment standards to your evaluation of service organizations and learn about the importance of your actions regarding compliance with AU-C section 315. Who Will Benefit In-charge and experienced audit staff with more than two to three years of audit experience Key Topics - Risk assessment - SOC reports - Using a specialist in an audit Learning Outcomes - Distinguish between type 1 and type 2 SOC reports, including when each type applies, and the required procedures when using each. - Identify the differences between an auditor’s specialist or a management specialist, including the required procedures when either is used.