Events 18 May 2011

Service Organization Control (SOC) reporting - How organizations are taking advantage of the new SOC reporting requirements


General Information


Event date :

18 May 2011

SAS 70 has been the standard form of reporting on the effectiveness of service organizations and internal controls over financial reporting since 1992.
Globalization and regulatory changes prompted the U.S. American Institute of CPAs to issue SSAE 16 and the International Auditing and Assurance Standards Board to issue the substantially equivalent ISAE 3402 (collectively SOC 1). This U.S. and International guidance is now superseding SAS 70. In addition, in mid-2011, the AICPA will issue SOC 2 (Reporting on Controls at Service Organization Related to Security, Availability, Processing Integrity, Confidentiality and Privacy) and SOC 3.
Join us on Wednesday, 18 May 2011 as Ernst & Young professionals discuss the implementation of SOC 1 as well as the new SOC 2 and SOC 3 reporting options and the effect on your organization.

Our panelists will share:

  • An overview of the SOC 1 requirements
  • An update on how leading organizations are implementing SOC 1
  • An understanding of the SOC 1/2/3 framework
  • Industry breakout sessions – applying the SOC framework to your business
  • Private equity, real estate and hedge funds
  • Banks, transfer agents and administrators
  • IT Support PFS

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ABBL
Association des Banques et Banquiers, Luxembourg
12, rue Erasme | L-1468 Luxembourg
Tél.: (+352) 46 36 601 | Fax: (+352) 46 09 21
Email: mail@abbl.lu
Heures d'ouverture:
Du Lundi au vendredi de 8h00 à 17h30


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