SSAE 16 vs SSAE 18: Changes to SOC 1 Compliance Audits
In April 2016, the American Institute of Certified Public Accountants (AICPA) made an important update to the attestation standards that will affect your next SOC 1 audit. Statement on Standards for Attestation Engagements (SSAE) No. 18, Attestation Standards: Clarification and Recodification provides changes to SOC 1 audits and how attestation engagements are categorized. Below, we explore the reason for this change and how the SSAE 18 affects you What is…