SAS 145 and IT General Controls: What Organizations Need to Know
by Bernard Gallagher on January 13, 2025 at 2:30 PM
The release of SAS 145 (Statement on Auditing Standards No. 145) represents a significant shift in how auditors evaluate and respond to the risks of material misstatements, particularly in complex IT environments. As IT General Controls (ITGCs) underpin key financial processes and rep …
Do SOC 2 Auditors Read and Review Code?
by Bernard Gallagher on December 26, 2024 at 1:04 PM
For organizations pursuing SOC 2 compliance, understanding the scope and focus of the audit process is crucial. A common question that arises is whether auditors review source code as part of the SOC 2 audit. Having clarity on this topic is essential, and organizations can benefit fro …