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 …
SOC 1 vs. SOC 2 Reports – Do You Know The Difference? Read More »
SOC 1 vs SOC2 vs SOC 3: Understand the differences and how to read these auditing reports.
What Is a SOC 1 Report? Sometimes it may seem like your role as your company’s CIO or IT manager — in its multiple and varied facets — never ends. The influx and increasing improvement of technology associated with compliance and auditing may toggle somewhere between “a gift and a curse” in your estimation, and …
Understand the Difference Between SOC 1 Type 1 & 2 Reports Read More »
It is no secret that SSAE 18 audits seem extremely complex when first getting started. Here are our 9 tips for preparing for a smooth SOC audit.
Our auditing team has come up with a checklist we believe will make your first SOC 1 audit much simpler and stress-free for your team. View it here!
SOC, ISO and other certifications are increasingly being used to build trust and confidence in the crypto sphere.
Who Can Perform SOC Audits? A growing number of businesses are requesting that service organizations perform regular SOC audits to ensure adherence to set controls and objectives that serve to protect customer information, human resource data and intellectual property that all becomes increasingly vulnerable with each additional entity that has access to it. You may …
Data centers today play a key role in helping many business – both small and large – serve their own customers as well as their own internal needs, a trend that’s likely to continue to grow significantly within the next decade. When it comes to auditing and compliance for data center, many auditors disagree about …
5 Reasons Data Centers Need a SOC 1 Audit Report Read More »
How Can a SOC Audit Help You Save Money on E&O Insurance? A SOC audit is one of the best ways you can save money on premiums for errors and omissions (E&O) insurance to cover your digital operations. Just like an auto insurance company wants proof that you are a good car insurance risk—free of …
How to Reduce Your E&O Insurance Premium with a SOC Audit Read More »
A system description is required for SOC 1 reports, and it’s typically written by management. However, there is no guidance on what should be in the system description or how a manager should put together a solid description. This is frustrating for managers tasked with creating something they may not fully understand, and it can …
How to Write a Strong System Description for SOC 1 Read More »
Written assertions become standard for SOC 1 reports. Learn how to create an effective one from our auditors here!
Over the past several decades, outsourcing certain functions of a business has become standard operating procedure for many of today’s efficiency-focused organizations. Your company is probably part of this global business revolution, to some degree. If so, you may continually find yourself searching for the best ways to ensure maximum accountability on all fronts. From …
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