Auditing Basics: What is an Assertion?
by
Joseph Kirkpatrick / February 15, 2023
What is Management's Written Assertion? At the beginning stages of the SOC 1 or SOC 2 audit process, an organization will be asked to provide management's written assertion to their auditor. This assertion lays the foundation for the audit because it is a written claim by an organization describing their systems and what it is their services are expected to accomplish for the organizations they do business with. It tells…
