What does restricted use mean on the CPA exam?
Restricted use. A report intended only for named parties who understand its context, such as a SOC 2 report. The restriction is on the report, not on the subject matter.
Defined against AT-C 205.64.
Which CPA exam sections use restricted use?
Restricted use appears in the ISC section of the CPA exam.
Other terms defined against AT-C 205
- general use: A report anyone may read, such as a SOC 3.
Related terms
- SOC 2 report: A report on a service organization's controls against the trust services criteria, covering security plus any of availability, processing integrity, confidentiality, and privacy that are selected.