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Tyler Company uses a cloud service organization to process all of its sales transactions. Tyler's auditors received a Type 1 report from the cloud
Tyler Company uses a cloud service organization to process all of its sales transactions. Tyler's auditors received a Type 1 report from the cloud service auditors. As a result, O Tyler's auditors will probably not be able to perform the audit. Tyler's auditors can rely on the results of substantive tests described in the report. O Tyler's auditors can be assured that the controls at the service organization are operating effectively. O Tyler's auditors will probably need to visit the service organization to perform tests of controls.
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