8: Understanding the entity and its environment

Question 1

What are the types of reports we can obtaom from the auditor of the service organisation? Difference between them?

Answer 1

Type 1 - Report with objective of conveying negative assurance that includes the service auditor’s opinion on managements description of the service organisation system/control.

Type 2 - Type 1 report that also provides service of auditor’s opinion on the operating effectivess of controls a description of the service auditor’s tests of controls and results.