Obtaining a SOC 2 report requires an investment of both time and money for a service organization and, at some point, might seem like more work than it’s worth. However, the advantages to obtaining a SOC 2 report far outweigh the initial investment.
Tag: Controls
What Are Internal Controls? The 4 Main Types of Controls
Internal controls (which include manual, IT-dependent manual, IT general, and application controls) are essential process steps that allow for one to determine or confirm whether certain requirements are being done per a certain expectation, law, or policy. Additionally, internal controls allow auditors to perform tests to gain assurance that a process is designed and operating […]
How Long Will It Take To Get Your First SOC Report?
We hear this question all the time from new clients and prospects. How long will it take for us to prepare the required documentation for a SOC report?
So Many Terms…What Do They All Mean?
It is easy to feel overwhelmed by all of the terminology surrounding an audit. Here is a list of frequently used terms and their meanings: