Kelly A. O'Callaghan, CPA,CITP, Partner and IT Audit – Practice Leader, CohnReznick LLP to Speak at KC’s AICPA SSAE 16/SOC 1 and SOC 2 Reporting for Vendor Management
New York, NY, August 28, 2013 --(PR.com
)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Kelly A. O'Callaghan, CPA,CITP, Partner and IT Audit – Practice Leader, CohnReznick LLP will speak at the Knowledge Congress’ webcast entitled: “AICPA SSAE 16/SOC 1 and SOC 2 Reporting for Vendor Management LIVE Webcast.” This event is scheduled for December 13, 2013 from 12:00pm – 2:00pm (ET).
While the risks represented by outsourced vendors (e.g., cloud service providers) is often very significant and increasing, many companies have not deployed effective governance practices over their vendors. Many companies are confused by SOC options and not requesting or requiring proper reporting, and not properly evaluating reporting that is provided. In many cases users simply check-the-box, and have a false sense of assurance that their risks are addressed. In other cases, users also conduct redundant surveys and on-site audits.
It is vital for companies to have a thorough understanding of SOC Reporting options to help mitigate risks and manage relationships with respect to outsourced vendors. During this two-hour Live Webcast organized by The Knowledge Congress, a panel of leading practitioners will highlight approaches to leverage SOC reporting for vendor management and discuss topics such as the following:
Overview of SSAE 16/SOC 1 and SOC 2 and when they are applicable
How to determine what SOC reporting options are appropriate for your vendor management needs.
How to read and assess reporting required.
Determining whether SOC reporting meets your vendor management needs and alternative steps in event it does not.
During the live Q&A session, the audience will have the opportunity to ask the speakers questions directly.
For further details, please visit: http://www.knowledgecongress.org/event_2013_Vendor_Management.html
About Kelly A. O'Callaghan
Kelly A. O’Callaghan, CPA, CITP, is a partner with CohnReznick and has more than 18 years of diversified public accounting experience, including a concentration in auditing, IT audit, and accounting. Kelly is the Firm’s IT Audit Practice Leader and has extensive experience working with clients to meet their SOC 1 (Service Organization Controls examination under SSAE No. 16, formerly SAS No. 70), SOC 2, and SOC 3 needs. Kelly leads a dedicated IT Audit team that includes members with CPA, CISA, CITP, and CISSP credentials. She directs the IT audit procedures for approximately 200 financial statement audits and approximately 300 SOC 1 reviews related to employee benefit plan and financial statement audits.
Kelly has also developed an expertise in providing services to businesses in specialized industries, including hospitality, real estate, and not-for-profit. She leads the Hospitality Practice in CohnReznick’s New Jersey offices and provides strong leadership for the practice in all audit and governance areas. Kelly is currently the engagement partner for the American Institute of Certified Public Accountants and has been part of the audit team since 2000.
About CohnReznick LLP
With origins dating back to 1919, CohnReznick LLP is the 11th largest accounting, tax, and advisory firm in the United States, combining the resources and technical expertise of a national firm with the hands-on, entrepreneurial approach that today's dynamic business environment demands. CohnReznick serves a large number of diverse industries and offers specialized services for Fortune 1000 companies, owner-managed firms, international enterprises, government agencies, not-for-profit organizations, and other key market sectors.
Headquartered in New York, NY, CohnReznick serves its clients with more than 280 partners, 2,200 employees, and 26 offices. The Firm is a member of Nexia International, a global network of independent accountancy, tax, and business advisors. For more information, visit www.cohnreznick.com
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Congress was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register to an event, please visit: www.knowledgecongress.org