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Ssense Launches an AI-Based Personal Styling Chatbot – The Business of Fashion
AT-C sec. 205 is applicable for independent subject matter that has been published that an independent auditor can use to attest to the fact that the client is complying with the controls in CSA or HITRUST. AT-C sec. 320 deals specifically with reporting on internal control over financial reporting. STAR Attestation provides for rigorous third party independent assessments of cloud providers. Please check our listing among top 15 global auditors on Cloud Security Alliance website. There may be some instances where a cloud provider may impact financial reporting for a customer, especially if the cloud provider has any responsibilities with processing customer transactions. In this case, a cloud provider could receive both a SOC 1 (SSAE-18) or SOC 2 (AT 101) report to address the needs of their customers.
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A SOC 2 report is an engagement performed under the AT section 101 and is based on the existing Trust Services Principles, Criteria and Illustrations (SysTrust and WebTrust). This report will have the same options as the SSAE 16 report where a service organization can decide to go under a Type I or Type II audit. Organizations asked to provide an SSAE 16, but do not have an impact on their client’s financial reporting should select this reporting option. In the world of public accounting, the term “attest” is generally regarded as that of asserting to, affirming to, and expressing an opinion on specific subject matter. In recent times, many cloud providers are currently undergoing a SOC 1 report which is specifically intended on controls over financial reporting.
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In our mobile app, you can place bets on sports events as well as play a plethora of online games. Additionally, SOC 2 reports are conducted in accordance with AT 101, a professional standard that provides general guidance on attest engagements performed by practitioners (i.e., certified public accountants). This seems to be a question that many people are asking these days and for good reason. Initially, the SOC 2 reporting option did not generate much interest from service organizations and service auditors alike, but this is quickly changing as interested parties are finding real value in SOC 2 reports.
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