A Type I audit results in a report on management’s description of the service organization’s system and the suitability of the design of the controls to achieve the related control objectives included in the description as of a specific date. A Type II audit is the same as a Type I audit but with a report on the operating effectiveness of the controls throughout a specified period.
What is the difference between a Type I audit and a Type II audit?
Written by John DeCesare
Published on December 19, 2017
-
-
Ensure financial data security for clients and partners.- Prove your commitment to cybersecurity and assure customers their data is secure.
- Prove to your customers & vendors that you handle their data securely.
- Build a a secure and transparent supply chain by complying with SOC standards.
Save you time and money by ensuring you're fully prepared for your SOC 2 audit.- Demonstrate commitment to security through the service organization’s controls.
-
- Gain access to government contracts by proving your serious about security.
- Strengthen operational resilience from cyber threats.
- Enhance security, reduce risk, and increase trust with stakeholders.
- Protect customer data, reduce the risk of penalties and safegaurd your reputation.
Improve financial transparency, reduce accounting fraud, and enhance investor confidence.- Protect critical infrastructure from cyber threats and comply with regulatory standards.
- Protect sensitive data by enhancing cybersecurity and reducing risk.
Future proof your business by Identifying, assessing, and mitigating AI-related risks.
-
- Identify network vulnerabilities and entry points that attackers could exploit.
Identify vulnerabilities and entry points in the cloud that attackers could exploit.- Gain access to government contracts by proving your serious about security.
- Identify vulnerabilities with your human team that hackers could manipulate and exploit.
- Future proof your business by Identifying, assessing, and mitigating AI-related risks.
- Identify, analyze and evaluate potential risks to your organization data security.
-
-
Checkout our latest blogs on compliance frameworks and security.
- Learn about how Checklists & Templates for compliance programs.
Join us for events to stay informed and ahead in compliance.- Checkout our FREE tools to learn more about managing compliance.
- Everything you need to know about compliance frameworks in one place.
Join 10,000 others who receive our award-winning content in their inbox each month.
Get a quote today!
Fill out the form to schedule a free, 30-minute consultation with a senior-level compliance expert today!
Benefit from:
Great companies think alike.
Join hundreds of other companies that trust IS Partners for their compliance, attestation and security needs.
