# SSAE 18 | Secureframe

> Learn what SSAE 18 is, how it replaced SSAE 16, SSAE 18 requirements for SOC 1 and SOC 2 reporting, and what SSAE 18 means for service organizations and their auditors.

canonical: https://secureframe.com/glossary/ssae18

The Statement on Standards for Attestation Engagements No. 18 (SSAE 18) is a new set of standards that have replaced SSAE 16 to help increase the usefulness and quality of a SOC 1 report.

## What is SSAE 18?

The [Statement on Standards for Attestation Engagements No. 18 (SSAE 18)](https://secureframe.com/blog/ssae-18) is a new set of standards that have replaced SSAE 16 to help increase the usefulness and quality of a SOC 1 report. These changes, which became effective on May 1 2017, now require service organizations to implement a formal third party vendor management program and a formal annual risk assessment process to identify and classify risks.