New York, NY, March 01, 2018 --(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, Partner, CohnReznick LLP will speak at the Knowledge Congress’ webcast entitled: “SSAE 18 Audit Standards: Trends, Developments and Significant Updates Live Webcast.” This event is scheduled for Thursday, April 19, 2018 @ 12:00 to 2:00 PM (ET).
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About Kelly A. O'Callaghan
Kelly A. O’Callaghan, CPA, CITP, CGMA, is a partner with CohnReznick with more than 20 years of diversified public accounting experience that includes 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 Practice that includes members with CPA, CISA, and CITP credentials. She directs the IT audit procedures for approximately 200 financial statement audits, approximately 300 SOC 1 reviews related to employee benefit plan and financial statement audits, and approximately two dozen SOC examinations. Kelly is currently the engagement partners for the American Institute of Certified Public Accountants and has been part of the audit team since 2000.
About CohnReznick LLP
CohnReznick LLP is one of the top accounting, tax, and advisory firms in the United States, combining the deep resources of a national firm with the hands-on, agile approach that today's dynamic business environment demands. With diverse industry expertise, the Firm provides companies with the insight and experience to help them break through and seize growth opportunities. The Firm, with origins dating back to 1919, is headquartered in New York, NY with 2,700 employees in offices nationwide. CohnReznick is a member of Nexia International, a global network of independent accountancy, tax, and business advisors.
Earlier in 2017, a series of modifications to the audit standards geared to increase the usefulness and quality of System and Organization Controls (SOC) report, have been made. The SSAE 18, which became effective last May 1, 2017 requires companies to take more control and ownership of their own internal controls when identifying and classifying risks. They are also expected to implement a formal and appropriate Third Party Vendor Management Program. The new audit standard also requires additional sections describing the risk assessment process and the role of the Subservice Organizations in the overall operation of the system. These significant changes and modification may create additional burdens to companies but will help address loopholes in the key areas of third-party vendor risk management.
Join a panel of key thought leaders and professionals assembled by The Knowledge Group as they bring the audience to a road beyond the basics of SSAE 18 Audit Standards and as they delve into the depth-analysis of the current trends involving this significant topic. Speakers will also provide the audience with practical strategies in complying with the new and improved SOC reporting requirements.
Key topics include:
SSAE 18 Audit Standard: An Introduction
System and Organization Controls
Impact on SOC Engagements
SSAE 18 Reporting Requirements
SSAE 16 vs SSAE 18
Promises and Perils
What You Need to Know in 2018
About The Knowledge Group/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: http://theknowledgegroup.org/