Saturday, April 17, 2021
Corporate Compliance Insights
  • Home
  • About
    • About CCI
    • Writing for CCI
    • NEW: CCI Press – Book Publishing
    • Advertise With Us
  • Topics
    • See All Articles
    • Compliance
    • Ethics
    • Risk
    • FCPA
    • Governance
    • Fraud
    • Internal Audit
    • HR Compliance
    • Cybersecurity
    • Data Privacy
    • Financial Services
    • Leadership and Career
  • Vendor News
  • Jobs
    • Compliance & Risk
    • Information Security
  • Events
    • Calendar
    • On-Demand Webinars
    • Submit an Event
  • Downloads
    • eBooks
    • Whitepapers
  • Podcasts
  • Videos
  • Subscribe
No Result
View All Result
  • Home
  • About
    • About CCI
    • Writing for CCI
    • NEW: CCI Press – Book Publishing
    • Advertise With Us
  • Topics
    • See All Articles
    • Compliance
    • Ethics
    • Risk
    • FCPA
    • Governance
    • Fraud
    • Internal Audit
    • HR Compliance
    • Cybersecurity
    • Data Privacy
    • Financial Services
    • Leadership and Career
  • Vendor News
  • Jobs
    • Compliance & Risk
    • Information Security
  • Events
    • Calendar
    • On-Demand Webinars
    • Submit an Event
  • Downloads
    • eBooks
    • Whitepapers
  • Podcasts
  • Videos
  • Subscribe
No Result
View All Result
Corporate Compliance Insights
Home Internal Audit

AICPA: Implications of Blockchain in SOC for Service Organization Examinations

by Corporate Compliance Insights
January 7, 2021
in Internal Audit, Whitepapers
AICPA: Implications of Blockchain in SOC for Service Organization Examinations

The American Institute of CPAs (AICPA) today issued a new whitepaper to help auditors providing SOC for Service Organization (SOC) reports on organizations that have incorporated blockchain into their service delivery systems. The paper examines the skills and competencies auditors need to perform such engagements, the unique features of blockchain, the risks associated with using blockchain, and how the use of blockchain by service organizations may affect their SOC examinations.

Highlights include:

  • An overview of blockchain, including a discussion of the different types of blockchain networks and some of its unique features.
  • Specific risks of using blockchain.
  • An overview of relevant professional standards and criteria governing SOC for service organization examinations.
  • A discussion of the need for the engagement team to possess knowledge about blockchain and the specialized skills and competencies to perform the engagement, including the use of specialists when appropriate.
  • A description of the unique elements of the auditor’s understanding of a service organization’s system when blockchain is integral to and interfaces with that system.
  • A discussion of unique considerations when forming an opinion on the description of a service organization’s system that includes blockchain, the suitability of the design of the controls, and in a type 2 examination, the operating effectiveness of controls.

Fill out the form below to read the full whitepaper.


Tags: blockchain
Previous Post

The Vitol Enforcement Action

Next Post

Tips for Selecting a SOC 2 Auditor

Corporate Compliance Insights

Related Posts

Featured image for MetricStream Holistic Compliance ebook

A Holistic Approach to Compliance: Key Focus Areas

March 30, 2021
How to Outsmart Money Laundering Networks: a New Paradigm for More Efficient AML

How to Outsmart Money Laundering Networks: a New Paradigm for More Efficient AML

March 29, 2021
Deloitte’s Board Practices Quarterly: 2021 Boardroom Agenda

Deloitte’s Board Practices Quarterly: 2021 Boardroom Agenda

March 9, 2021
The Power of Artificial Intelligence in Financial Services Compliance

The Power of Artificial Intelligence in Financial Services Compliance

March 8, 2021
Next Post
magnifying glass on red person icon

Tips for Selecting a SOC 2 Auditor

2Behavox and CCI webinar: Power of Ai in F
OneTrust offers download to demonstrate privacy management leadership
Top 10 Risk and Compliance Trends

Jump to a Topic:

anti-corruption anti-money laundering/AML Artificial Intelligence/A.I. automation banks board of directors board risk oversight bribery CCPA/California Consumer Privacy Act Cloud Compliance communications management Coronavirus/COVID-19 corporate culture crisis management culture of ethics cyber crime cyber risk data analytics data breach data governance decision-making diversity DOJ due diligence ESG fcpa enforcement actions financial crime GDPR GRC HIPAA information security KYC machine learning monitoring regtech reputation risk risk assessment Sanctions SEC social media risk technology third party risk management tone at the top training whistleblowing
No Result
View All Result

Privacy Policy

Follow Us

  • Facebook
  • Twitter
  • LinkedIn
  • RSS Feed

Category

  • CCI Press
  • Compliance
  • Compliance Podcasts
  • Cybersecurity
  • Data Privacy
  • eBooks
  • Ethics
  • FCPA
  • Featured
  • Financial Services
  • Fraud
  • Governance
  • GRC Vendor News
  • HR Compliance
  • Internal Audit
  • Leadership and Career
  • On Demand Webinars
  • Opinion
  • Resource Library
  • Risk
  • Uncategorized
  • Videos
  • Webinars
  • Whitepapers

© 2021 Corporate Compliance Insights

No Result
View All Result
  • Home
  • About
    • About CCI
    • Writing for CCI
    • NEW: CCI Press – Book Publishing
    • Advertise With Us
  • Topics
    • See All Articles
    • Compliance
    • Ethics
    • Risk
    • FCPA
    • Governance
    • Fraud
    • Internal Audit
    • HR Compliance
    • Cybersecurity
    • Data Privacy
    • Financial Services
    • Leadership and Career
  • Vendor News
  • Jobs
    • Compliance & Risk
    • Information Security
  • Events
    • Calendar
    • On-Demand Webinars
    • Submit an Event
  • Downloads
    • eBooks
    • Whitepapers
  • Podcasts
  • Videos
  • Subscribe

© 2021 Corporate Compliance Insights