There are times, however, when a bridge can sound like the missing bit that finally breathes life into your music. A bridge provides a new melody, deepens lyrical meaning, and takes a song in a slightly new direction before returning to either a repeat of the chorus or a new verse.
What does a bridge letter look like? For example, a report may have a coverage date of October 1, through September 30, If the user organization has a calendar year-end, what does the user organization do to get comfort e. It would be easier if the report just covered the calendar year…right?
Well, yes, it would be easier; however, most user organizations and especially their auditors user auditors want the SOC 1 reports while they are doing their interim internal control testing. Or in other words, this interim testing will occur right before Christmas.
In the typical scenario noted above, the service auditor prepares a report ending September 30 and the user auditors e. The gap may be one or more e.
This of this like you would a gap in the road. What do we need when there is a gap in the road? A bridge, but in this case, not an actual bridge, the service organization needs a bridge letter. What is a Bridge Letter?
This letter is a great tool that can be used by service organizations instead of making their clients i. Since the service auditor is not opining—or in other words attesting—on those internal controls within the gap period, the service auditor cannot issue the letter.
Once the service auditors have issued their SOC 1 report, the service auditors do not know definitively if the internal control environment has materially changed or not. However, management of the service organization knows or should know this information.
There are several key points that should be addressed in the letter.
Namely, the report end date, material changes in the internal control environment if anya statement that the service organization is not aware of any other material changes, a reminder that user organizations are responsible for following the complementary user entity controls—sometimes referred to as client control considerations or user control considerations—a request for user organizations to read the report, and a disclaimer that the bridge letter is not a replacement for the actual SOC 1 report.
The answer to this question really depends on the user auditor. Most Big-Four audit firms would like to see a bridge letter that covers a period of not more than three months. That is what we might call…a bridge too far. If service organizations are finding that the report period for their examination is not meeting their users requirements from a timing stand-point, it may be worth the service organization revisiting the examination period with the service auditor.
We have seen supremely complex Gap Letters and ones that are so simple that they do not really meet the requirements of user organizations.
To aid service organizations, we have put together a couple templates that cover all of the key points in a bridge Letter and should meet the requirements of discerning user organizations.
Need help with SOC audits and bridge letters?
This blog post has been updated from its original publish date of September 22, A service organization may choose to issue a letter that describes updates or changes in its controls since the previous type 1 or type 2 report.
Service auditors and user auditors are cautioned against providing assurance on or inferring assurance from such letters, respectively.Summary from a report entitled: Preliminary Design of a Bridge.
Summary This report presents a design for a bridge to be constructed on the Calder Freeway crossing Slaty Creek in the Shire of Macedon Ranges. Two designs for the bridge were devised and then compared by considering the cost, construction and maintenance of each bridge.
ENGR - Final Bridge Report formal. The purpose for writing this report is to document the design and performance of your prototype and final bridge.
Report Format The technical report should be a professional document. Graphs, tables, and drawings. Gap or Bridge Letters for SOC 1 Reports. By Newel Linford on November 15 We’re just working on getting a bridge letter prepared for our organization and you’re format has helped me immensely..
(provider) to provide you a bridge letter that covers the report date until the date you need. Many user organizations feel (and rightly so.
Some academic assignments ask for a ‘report’, rather than an essay, and students are often confused about what that really means.
Likewise, in business, confronted with a request for a ‘report’ to a senior manager, many people struggle to know what to write. How to Write an Introduction: Bridge Building Activity This activity is designed to help students learn about writing introductions through a fun bridge building activity to .
ENGR - Final Bridge Report The purpose for writing this report is to document the design and performance of your prototype and final bridge. Report Format The technical report should be a professional document.
Graphs, tables, and drawings team's bridge report are as follows.