Name: Service Organization Controls (SOC) Reporting Training
Price: 1500 SGD
Availability: InStock

Course Information

Course Overview

The 'Service Organization Controls (SOC)' course is designed to provide participants with a comprehensive understanding of SOC reporting, its history, types, and the specific focus on SOC 2 reports. The course aims to equip participants with the knowledge and skills necessary to evaluate, benefit from, and understand SOC reports, specifically SOC 2.

Course Objectives

Understand the background and introduction to SOC reporting.
Explore the history and evaluation of SOC reports.
Learn the industry needs and advantages of SOC reports.
Identify different types of SOC reports and their categories.
Gain a deep understanding of SOC 1, SOC 2, and SOC 3 reports.
Recognize additional and new-age reports related to SOC reporting.
Understand the categories of trust service criteria (TSC) and their applicability.
Dive into SOC 2 reporting, including its various sections.
Walk through a sample SOC report to comprehend key concepts.

Prerequisites

Basic understanding of auditing or compliance concepts is helpful but not required
Familiarity with service organizations and their operations
No prior SOC reporting experience necessary

Course Outlines

Module 1: Introduction & Course Overview

Introduction to the training and setting the context.
What is a SOC Report?
Background and introduction to SOC reporting.

Module 2: History of SOC Report

Evaluation of SOC reports.
Benefit of SOC Report
Industry needs and advantages of SOC reports.

Module 3: Different Types of Report

Categories and types of SOC reports.
SOC 1 Report: Purpose of SOC 1 reports.
SOC 2 Report: Purpose of SOC 2 reports.
SOC 3 Report: Purpose of SOC 3 reports.
Additional Reports: Overview of additional and new-age reports.

Module 4: Trust Service Criteria (TSC)

Categories of trust service criteria and their applicability.
Deep Dive on SOC 2 Reporting: Necessity to understand various sections of SOC reporting.

Module 5: SOC 2 Reporting – Section 1, 2 & 3

Review of section 1 in a typical SOC 2 report.
Walkthrough of section details in a sample SOC report.
Review of section 2 in a typical SOC 2 report.
Walkthrough of section details in a sample SOC report.
Review of section 3 in a typical SOC 2 report.
Walkthrough of section details in a sample SOC report.

Module 6: SOC 2 Reporting – Section 4 & 5

Review of section 4 in a typical SOC 2 report.
Review of section 5 in a typical SOC 2 report.
Walkthrough of section details in a sample SOC report.

Course Outcomes

Gain a deep understanding of SOC reports and their significance in the industry.
Explore the historical development of SOC reporting standards.
Recognize the benefits and advantages of SOC reports for service organizations.
Differentiate between various types of SOC reports and their applications.
Specifically understand the purpose and scope of SOC 1, SOC 2, and SOC 3 reports.
Explore additional and emerging reports in the realm of service organization controls.
Comprehend the categories of trust service criteria (TSC) and their relevance.
Dive into the intricacies of SOC 2 reporting, section by section.
Acquire practical skills through real-world examples and sample SOC reports.
Engage in interactive sessions and open forums to clarify doubts and enhance understanding.

What You'll Learn

Practical hands-on experience

Industry-recognized certification

Real-world case studies

Expert-led live sessions

Comprehensive study materials

Post-training support

Facilities & Equipment

Virtual Training

Electronic materials
IT support for software & hardware
Administrative support

Face-to-Face Training

Air-conditioned classroom
Meals & refreshments provided
Projector & smart board
Stationery provided

Service Organization Controls (SOC) Reporting Training