SOC for Supply Chain : Reporting on an Examination of Controls Relevant to Security, Availability, Processing Integrity, Confidentiality, or Privacy in a Production, Manufacturing, or Distribution System 2020
SOC for Supply Chain : Reporting on an Examination of Controls Relevant to Security, Availability, Processing Integrity, Confidentiality, or Privacy in a Production, Manufacturing, or Distribution System 2020
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Author(s): AICPA (Corporate)
ISBN No.: 9781948306959
Pages: 368
Year: 202006
Format: Trade Paper
Price: $ 179.40
Status: Out Of Print

1 Introduction and Background .01-.75 Introduction .01-.09 Intended Users of a SOC for Supply Chain Report .10-.16 Overview of a SOC for Supply Chain Examination .17-.


19 Contents of the SOC for Supply Chain Report .20-.21 Defining the System to Be Examined .22-.34 The Entity''s System Objectives and Principal System Objectives .27-.28 Selecting the Trust Services Category or Categories to Be Addressed by the Examination .29-.


33 Determining the Time Frame for the Examination .34 Other Engagement Considerations .35-.41 Considerations for Entities That Distribute Products .35-.38 Considerations for Entities That Bundle Services With Their Products .39-.40 Considerations for a Design-Only Examination .


41 Matters Not Addressed by a SOC for Supply Chain Examination .42-.43 Criteria for a SOC for Supply Chain Examination .44-.62 Description Criteria .45-.47 Trust Services Criteria .48-.


58 Evaluating the Entity''s Principal System Objectives .59-.62 The Practitioner''s Opinion in a SOC for Supply Chain Examination .63-.65 Other Types of SOC Examinations: SOC Suite of Services .66 Professional Standards .67-.74 Attestation Standards .


68-.70 Code of Professional Conduct .71 Quality in the SOC for Supply Chain Examination .72-.74 Definitions .75 2 Accepting and Planning a SOC for Supply Chain Examination .01-.154 Introduction .


01-.02 Understanding Entity Management''s Responsibilities .03-.10 Entity Management''s Responsibilities Prior to Engaging the Practitioner .04-.07 Entity Management''s Responsibilities During the Examination .08-.09 Entity Management''s Responsibilities During Engagement Completion .


10 Responsibilities of the Practitioner .11 Engagement Acceptance and Continuance .12-.15 Independence .16-.19 Competence of Engagement Team Members .20-.24 Preconditions of the Engagement .


25-.49 Determining the Appropriateness of the Subject Matter .26-.27 Identifying the Components of the System to be Examined .28-.30 Determining the Boundaries of the System Being Examined .31-.38 Determining Whether Entity Management is Likely to Have a Reasonable Basis for Its Assertion .


39-.43 Assessing the Suitability and Availability of Criteria .44 Determining Whether the Entity''s Principal System Objectives Are Reasonable in the Circumstances .45-.49 Requesting a Written Assertion and Representations From Entity Management .50-.54 Agreeing on the Terms of the Engagement .55-.


64 Accepting a Change in the Terms of the Examination .60-.64 Establishing an Overall Examination Strategy for and Planning the Examination .65-.69 Performing Risk Assessment Procedures .70-.106 Obtaining an Understanding of the Description of the Entity''s System and Control Effectiveness .71-.


83 Assessing the Risks of Material Misstatement .84-.95 Considering Materiality During Planning .96-.106 Considering Entity-Level Controls .107-.111 Understanding the Internal Audit Function .112-.


119 Planning to Use the Work of a Practitioner''s Specialist .120-.126 Identifying Customer Responsibilities and Complementary Customer Controls .127-.133 Identifying Suppliers and Complementary Supplier Controls .134-.150 Suppliers Whose Controls Are Necessary for the Entity to Achieve Its Principal System Objectives .134-.


135 Complementary Supplier Controls .136-.141 Using the Inclusive Method .142-.150 Planning to Use the Work of an Other Practitioner .151-.154 3 Performing the SOC for Supply Chain Examination .01-.


199 Introduction .01 Designing Overall Responses to the Risk Assessment .02-.03 Designing and Performing Procedures .04 Obtaining Evidence About Whether the Description Presents the System That Was Designed and Implemented in Accordance With the Description Criteria .05-.59 Disclosures Related to the Types of Goods Produced, Manufactured, or Distributed .17-.


18 Disclosures About the Entity''s Principal System Objectives .19-.24 Disclosures About System Incidents .25-.28 Disclosures About Risks That May Have a Significant Effect on the Entity''s Production, Manufacturing, or Distribution .29-.30 Disclosures About Inputs to and Components of the System .31-.


32 Disclosures About Individual Controls and the Applicable Trust Services Criteria .33-.41 Disclosures About Complementary Customer Controls .42-.43 Disclosures Related to Complementary Supplier Controls .44-.56 Disclosures About Nonrelevant Criteria .57 Disclosures About Significant Changes to the System During the Period .


58-.59 Evaluating Description Misstatements Identified During the Examination .60-.67 Considering Whether the Description is Misstated or Otherwise Misleading .68-.69 Obtaining Evidence About the Suitability of the Design of Controls .70-.85 Multiple Controls Are Necessary to Address an Applicable Trust Services Criterion .


77-.78 More Than One Control Addresses a Particular Risk .79 Procedures to Obtain Evidence About the Suitability of Design of Controls .80-.85 Evaluating Deficiencies in the Suitability of Design of Controls .86-.88 Obtaining Evidence About the Operating Effectiveness of Controls .89-.


94 Designing and Performing Tests of Controls .91-.94 Nature of Tests of Controls .95-.110 Testing Review Controls .101-.102 Evaluating the Reliability of Information Produced by the Entity .103-.


110 Timing of Tests of Controls .111-.112 Extent of Tests of Controls .113-.118 Testing Superseded Controls .119-.120 Using Sampling to Select Items to Be Tested .121-.


125 Selecting Items to Be Tested .124-.125 Additional Risk Considerations Related to Suppliers and Business Partners .126-.136 Controls That Suppliers Expect the Entity to Implement .126-.131 Entity Controls for Addressing Supplier Risks .132-.


133 Complementary Supplier Controls .134-.136 Considering Controls That Did Not Need to Operate During the Period Covered by the Examination .137 Identifying and Evaluating Deviations in the Effectiveness of Controls .138-.142 Materiality Considerations When Evaluating Deficiencies in the Effectiveness of Controls .143-.146 Using the Work of the Internal Audit Function .


147-.153 Using the Work of a Practitioner''s Specialist .154-.157 Revising the Risk Assessment .158-.162 Evaluating the Sufficiency and Appropriateness of Evidence .159-.160 Evaluating the Results of Procedures .


161-.162 Responding to and Communicating Known and Suspected Fraud, Noncompliance With Laws or Regulations, Uncorrected Misstatements, and Deficiencies in the Effectiveness of Controls .163-.169 Known or Suspected Fraud or Noncompliance With Laws or Regulations .163-.165 Communicating Incidents of Known or Suspected Fraud, Noncompliance With Laws or Regulations, Uncorrected Misstatements, or Internal Control Deficiencies .166-.169 Obtaining Written Representations .


170-.183 Requested Written Representations Not Provided or Not Reliable .180-.181 Engaging Party is Not the Responsible Party .182 Representations From the Engaging Party When It is Not the Responsible Party .183 Subsequent Events and Subsequently Discovered Facts .184-.191 Subsequent Events Unlikely to Have an Effect on the Practitioner''s Report .


191 Documentation .192-.196 Considering Whether Entity Management Should Modify Its Assertion .197-.199 4 Forming the Opinion and Preparing the Practitioner''s Report .01-.91 Responsibilities of the Practitioner .01-.


05 Forming the Practitioner''s Opinion .06-.15 Concluding on the Sufficiency and Appropriateness of Evidence .08-.13 Expressing an Opinion on Each of the Subject Matters in the SOC for Supply Chain Examination .14-.15 Describing Tests of Controls and Results of Tests in the Practitioner''s Report .16-.


28 Describing Tests of Controls and Results When Using the Internal Audit Function .24-.26 Describing Tests of the Reliability of Information Produced by the Entity .27-.28 Preparing the Practitioner''s SOC for Supply Chain Report .29-.40 Elements of the Practitioner''s Report .29 Restricting the Use of the Practitioner''s Report .


30-.31 Reporting When There Are Complementary Customer Controls .32-.35 Reporting When There Are Complementary Supplier Controls .36-.40 Reporting When the Practitioner Assumes Responsibility for the Work of an Other Practitioner .41 Modifications to the Practitioner''s Opinion .42-.


67 Qualified Opinion .50-.51 Adverse Opinion .52-.56 Scope Limitation .57-.61 Disclaimer of Opinion .62-.


67 Report Paragraphs Describing the Matter Giving Rise to the Modification .68-.76 Illustrative Separate Paragraphs When There Are Material Misstatements in the Description .68-.73 Illustrative Separate Paragraph: Material Deficiencies in the Effectiveness of Controls .74-.76 Other Matters Related to the Practitioner''s Report .77-.


80 Emphasis-of-Matter Paragraphs and Other-Matter Paragraphs .77-.78 Distribution of the Report by Management .79-.80 Practitioner''s Recommendations for Improving Controls .81 Other Information Not Covered by the Practitioner''s Report .82-.86 Illustrative Report .


87-.88 Preparing a SOC for Supply Chain Report in a Design-Only Examination .89-.91 Su.


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