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Third-Party Assurance Services
Accelerate performance with a strong third-party assurance program
Outsourcing solutions have evolved into a strategic business practice, and outsource service providers (OSPs) are having a greater impact on their clients’ internal control frameworks. As the role of OSPs continues to grow, the need for comprehensive and flexible third-party assurance reporting SOC 1 and SOC 2 grows with it. Deloitte’s Third-Party Assurance services can help.
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The Deloitte difference
Deloitte conducts independent assessments of an organization’s control procedures to establish if existing controls/processes meet management objectives and to demonstrate controls to customers and their auditors through reporting and integrated requirements.
Our Third-Party Assurance services provide value by helping clients with:
- Reporting and audit requirements: SOC 1, 2, and 3 reports (based on SSAE 18, and ISAE 3402 guidance); Custody Rule; agreed-upon procedures (AUP); and other attest reports.
- Minimizing audit requests: Third-party services can reduce the number of requests to audit an OSP’s internal controls by different customers and their auditors.
- Third-party assurance readiness and optimization: Readiness assessments can provide an OSP’s management with the insight and tools needed to address reporting requirements. Third-party assurance optimization identifies areas of efficiency that increases effectiveness for users, reigns in the cost of compliance, and streamlines reporting.
To learn more about how Deloitte’s Third-Party Assurance services can help your organization, contact us.
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Principles for optimizing third-party assurance reporting