Articles Published by Bernard Gallagher

soc1 soc2 differences

SOC 1 vs. SOC 2 Reports – Do You Know The Difference?

SOC 1 vs. SOC 2: What Type of Audit Does My Organization Need? If your company provides services to other companies, those services may have an impact on your customers’ financial reporting. As a result, your customers’ auditors may need assurance that the controls surrounding your services are designed effectively, and in some cases, operating …

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SOC Audit Process: the Carve Out vs. the Inclusive Method

SOC standards are frameworks that give companies advice on handling services that are provided by subservice organizations. Within the SOC standards the main service organization should aim to achieve. Understanding SOC Auditing What is a Subservice Organization? A subservice organization is simply an outsourcing company to the main service organization. For example, if the main …

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SOC 2 Audits: What They Are & How to Stay Compliant

What Are SOC 2 Audits? Is your business looking into System and Organization Controls (SOC) for Service Organizations? If you haven’t outsourced any services — like SaaS, cloud hosting, and payment processing—or you only recently launched your business, learning about SOC 2 audits may seem overwhelming. Considering the importance of information security, especially as businesses …

SOC 2 Audits: What They Are & How to Stay Compliant Read More »

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