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SOC

What is a SOC Report?

A SOC report is an independent, third-party validation of a service organization’s commitment to showing a service organization’s commitment to evidencing the design and effective operation of their controls.

A number of service organizations are required to undergo a SOC examination, including payroll or medical claims processors, data center companies, loan service providers, and Software as a Service (SaaS) providers that may touch, store, process or impact financials or sensitive data of their user entities, or clients.

A SOC report is the “trusted handshake” between service providers and their clients. SOC reports allow service providers to establish their reliability and credibility by auditing various services including security, privacy, confidentiality and data management.

Our team of IT professionals and CPAs work in sync for your SOC 1, SOC 2 or SOC 3 audit, your organization will be better able to respond to the needs of user entities and obtain an objective evaluation looking at the effectiveness of controls that address operations and compliance as well as financial reporting.

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