The widespread use of outsourcing requires Service Organisations to better manage their risks associated with outsourced services. More specifically, the clients of Service Organisation i.e. User Organisations require a degree of assurance on well-established Internal Control Framework of Service Organisation that is operating effectively. This assurance is required by supervisory boards, new regulations, and regulatory authorities which can be achieved by the International Standard on Assurance Engagements (ISAE) 3402 attestation by a Service Organisation. This deals with assurance engagements undertaken by an auditor of a Service Organisation to provide a report for use by User Entities and their auditors on the controls at a Service Organisation.
Join us for an informative webinar wherein the speaker will provide an overview of the ISAE 3402, its importance to Service & User Organizations, the types of ISAE reports, and their purpose. The speaker will also highlight the benefits of ISAE 3402 attestation to a Service Organization in terms of meeting client’s needs, managing overall costs, and improving the business.
Ashok Agarwal - SVP IT Risk Advisory at RiskPro India