What responsibility does management of service organization

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Reference no: EM133772045

Question

What responsibility does management of a service organization have when providing a written assertion within a SOC 2, type 2 engagement? Management must guarantee, without reservation, the security and confidentiality of the user data handled by their system. Management must confirm, based on their knowledge, that the description of their system and the design and effectiveness of the controls are accurately presented. Management must prepare a financial statement that assures stakeholders of the profitability and financial stability of the service organization. Management must disclose details of all contracts with subcontractors that potentially impact the design and operation of their system's controls.

Reference no: EM133772045

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