Quality over Commodity: Choosing the Right SOC Reporting Services Provider

Many organizations think that all SOC reports are the same, which likely means all SOC report providers conduct the process identically. Right? Not necessarily. The SOC reporting process requires entity-specific planning that should differ between organizations based on many factors—including their structures, offered services, services being tested, systems, processes, and internal controls. However, it is often [...]

2018-11-12T15:48:42+00:00April 18th, 2016|AUDITWERX, SERVICE ORGANIZATION CONTROL (SOC) REPORTS|

Translating the AICPA Trust Services Principles that Apply to the SOC 2 Report

The American Institute of Certified Public Accountants (AICPA) developed a set of criteria known as The Trust Principles to guide the performance of SOC engagements. Watch as David Mills discusses how the AICPA's Trust Services Principles of security, availability, processing integrity, confidentiality, and privacy relate to a SOC 2 report (specially a SOC [...]

3 Ways SOC Reports Drive Value & Growth

Most companies consistently sharpen their strategies to ensure that they stand out against the competition, and service organizations—and their user entities—are no exception. Fortunately, the advent of the AICPA’s Service Organization Control (SOC) Reports enables organizations to leverage the completion of these reports to drive internal and external value and growth for their organizations. First, obtaining a [...]

2018-12-10T16:01:17+00:00September 25th, 2012|AUDITWERX, SERVICE ORGANIZATION CONTROL (SOC) REPORTS|