This non-authoritative EBPAQC tool is intended to assist CPAs auditing the financial statements of EBPs that use one or more service organizations (user auditors). It is designed to assist user auditors in documenting their procedures and findings related to controls at a service organization that are likely to be relevant to the plan’s internal control over financial reporting.
It focuses on the user auditor’s use of a “report on management’s description of a service organization’s system and the suitability of