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SOC for Supply Chain: Reporting on an Examination of Controls Relevant to Security, Availability, Pr ocessing Integrity, Confidentiality, or Privacy in (Paperback)
Loot Price: R1,932
Discovery Miles 19 320
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SOC for Supply Chain: Reporting on an Examination of Controls Relevant to Security, Availability, Pr ocessing Integrity, Confidentiality, or Privacy in (Paperback)
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Internal and external forces such as globalization, global
interconnectivity, automation, and other technological advancements
are making today's supply chains highly sophisticated and complex.
For organizations that produce, manufacture or distribute products,
there's often a high level of interdependence and connectivity with
their suppliers and their customers and business partners. Although
the interconnectedness of these organizations can be beneficial
(increased revenues, expanded market opportunities, and cost
reduction), the ability of organizations to meet their goals is
often increasingly dependent on events, processes, and controls
that are not visible and are often beyond their control - such as a
supplier's controls. That's why the demand for transparency in
supply chains is now higher than ever before, and why this is the
perfect time for you to help organizations assess their supply
chain risks, evaluate the system controls within their
manufacturing, production, or distribution systems, and communicate
their supply chain management efforts to those with whom they do
business. Accountants and financial managers can also increase the
credibility of the supply chain information communicated by the
organization by providing an opinion on the organization's supply
chain efforts. This guide enables the accountant and financial
manager to examine and report on the description of a system for
manufacturing, producing and distributing goods as well as on the
controls within that system using a dynamic, proactive, and agile
approach. It will show how to conduct this examination in
accordance with the attestation standards. The guide may also be
helpful when providing readiness assessments to clients, who are
not quite ready for an examination level service and need help to
get there. The guide also includes excerpts from the two distinct,
but complementary sets of criteria developed by the AICPA to assist
practitioners with SOC for Supply Chain engagements: the
description criteria and the 2017 trust services criteria.
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