WHAT IS SOC 2
SOC 2 Audits and Reports
SOC 2, developed by the AICPA, ensures organizations protect customer data based on five principles: security, availability, processing integrity, confidentiality, and privacy.
A SOC 2 audit, conducted by independent auditors, assesses whether your controls meet these standards. The results are compiled into a SOC 2 report, demonstrating compliance and building trust with customers, vendors, and partners—helping you close deals and expand into regulated industries.
BENEFITS
SOC 2 Compliance Safeguards Data and Builds Trust
SOC 2 audits foster customer trust, which can lead to sales growth. They represent a competitive advantage by showing adherence to best practices for protecting sensitive information.
Expert Guidance
Reduce the risk of fines and penalties tied to regulatory non-compliance
Control Strengthening
Address risks and identify potential vulnerabilities
Tailored Audits
Fix security vulnerabilities from your operations.
PRICING
Transparent Pricing for SOC 2 Services
SOC 2 audit services and consultation fees significantly vary based on factors such as the size of your organization, the complexity of your IT infrastructure, and the specific requirements of your industry.
SOC 2 costs may include:
- Gap Analysis
- Documentation Prep
- Process Guidance
- Readiness Assessments
- External Auditors
- Records Maintenance
- Certification Audit
TIMEFRAME & FREQUENCY
SOC 2 Audit Timeframe and Frequency
Timeframe
The actual SOC 2 audit period will depend on the complexity of your operations, type of audit, industry practices, business size, and existing security controls.
SOC 2 Type 1
3-6 months (average)
SOC 2 Type 2
6-12 months (average)
Frequency
SOC 2 reports typically have no expiration. However, standard practice dictates the need for an annual audit, or when major changes occur.
SOC 2 Type 1
3-6 months (average)
SOC 2 Type 2
12 months (average)
WHY CHOOSE US
Your Trusted SOC 2 Audit Firm
Choose IS Partners for unparalleled expertise in navigating SOC 2 compliance, ensuring your organization meets the highest security standards. Our dedicated team provides customized solutions that protect your data and prove to customers, partners and vendors that you are serious about protecting their data.
Full U.S.-based team
Ensures a better understanding of the local business nuances and regulations.
No Outsourcing
Work with the same dedicated team throughout the entire process.
One-stop shop
Saves time and effort by offering all requisite services under one roof.
Over 20 years of experience
Gives you access to our deep industry insights and tried-and-tested methods.
Compatibility with your compliance software
Offers the flexibility to integrate with existing software like Drata, Vanta, or any other.
Software Included (FREE!)
Benefit from our proprietary software at no additional cost.
WHAT’S INCLUDED
Comprehensive SOC 2 Compliance Services
Our SOC 2 auditors regularly work with users and service organizations to help both parties achieve top-level compliance for a secure business relationship that benefits everyone involved.
Our SOC 2 Compliance Services Include:
Strategic SOC 2 Compliance Plan
IS Partners helps define the audit scope, focusing on relevant Trust Services Criteria. This strategic plan ensures a targeted approach to compliance.
Evidence Collection and Testing
We gather evidence to verify that your controls are operating effectively. This includes conducting walkthroughs and performing tests on your control processes.
SOC 2 Readiness Assessment
We assess your systems and services, identifying areas for improvement. This readiness assessment prepares your organization for the compliance process.
SOC 2 Badge
After a successful audit, you receive a SOC 2 badge. This badge demonstrates your commitment to data security and enhances customer trust.
Audit Assertion Letter
We provide a detailed assertion letter outlining audit objectives. This document helps clearly define the systems and controls subject to the audit.
SOC 2 Report
We prepare a comprehensive SOC 2 report with the auditor’s opinion. This final report highlights control effectiveness and any areas for improvement.
Review of Controls and Processes
Our team examines your control design and effectiveness. We review policies, procedures, and documentation to ensure alignment with SOC 2 standards.
We provide two types of SOC 2 audit services:
Audit Type | Coverage Period | Description |
SOC 2 Type I | Point in time | This audit focuses on the service organization’s controls used to address any or all five Trust Service Criteria, providing assurance of effective design at a specific point in time. |
SOC 2 Type II | 6-12 Months | It examines the operating effectiveness and how well those controls have operated over a period of time, typically 6-12 months. |
PROCESS
Our Proven SOC 2 Process
Initial consultation to understand your business and compliance needs
Detailed scoping and planning to ensure a smooth audit process
Comprehensive reporting on audit findings and recommendations
Ongoing support and guidance to maintain compliance
Our team also conducts a SOC 2 readiness assessment to evaluate your existing internal controls and procedures against SOC 2 requirements. This pre-audit service is essential for identifying potential gaps and developing a remediation plan to ensure successful audit outcomes.
WHO WE SERVE
Your Trusted Partner for SOC 2 Success Across Industries
IS Partners has helped hundreds of companies achieve SOC 2 and other critical security certifications. Our SOC 2 auditors have extensive experience working with companies of all sizes across various industries, including:
TESTIMONIALS
See why our clients are so loyal.
Are Your Customers Demanding a SOC 2 Report?
Book a free SOC 2 consultation to find out pricing, timeline and next steps.
FAQs