Service Organization Control Assurance
SOC reporting can help you remain competitive.
As a service organization, you need to accurately communicate the integrity of your financial internal controls, data security, availability, processing integrity, confidentiality and privacy to customers and/or their auditors. An appropriate service organization control (SOC) report should help establish the trust and confidence that’s so crucial in today’s highly competitive marketplace.
A dedicated staff to help you make the right choice
Today, however, there are a variety of reporting options, and making the most appropriate choice for your organization can be challenging. Which report best conveys what you need your users to know? Is the best fit a SOC Type 1 report; or, would a SOC 2 or SOC 3 report be better?
At RSM we have a staff dedicated to helping service organizations across the United States and internationally in this very specialized area. Knowledgeable RSM professionals will help you navigate the challenges so that you can clearly communicate your organization’s commitment to internal controls.
Be sure you’re ready for your SOC engagement
Are you planning an upcoming SOC audit engagement? If so, how confident are you that your organization is really ready?
We often recommend a readiness review to identify potential deficiencies with sufficient time to remediate and retest the controls prior to a company’s formal SOC attest engagement.
RSM specializes in SOC reporting
At RSM, SOC reporting is an area of specialization, not an add-on service. Our team has helped hundreds of service organizations, including cloud or co-location providers, software as a service providers, third-party administrators, credit card processors, fund administrators and many more.
Every day, we work with companies like yours to confirm the proper focus is placed on relevant controls and processes. Our years of experience, proprietary methodology and SOC-specific software mean your SOC engagement will be handled efficiently.
You’ll receive the right amount of personal attention from our professionals. At RSM, we understand the importance of not disrupting your business. In addition, our team members hold a variety of professional credentials and have access to the latest SOC thinking as firm representatives on a variety of SOC committees and boards.
When you need valuable SOC insight and tailored services, you need RSM. Give us a call to begin the discussion.
RSM’s comprehensive SOC services include:
Most Popular Insights
With the AICPA releasing changes to SOC 2 guidelines, service organizations must be aware of new demands and necessary framework adjustments.
Service organization control (SOC) reports are in high demand, but recent updates have changed how internal control environments are communicated.
As the use of outsourcing increases and garners more regulatory attention, the development of a strong vendor management program has become essential.
Service organization controls (SOC) reports can help to determine if potential cloud providers can meet or exceed your safety and privacy demands.
SOC reports demonstrate the strength of financial, operational and data protection controls at your organization. However, several options exist, and it is important to determine which is appropriate.
How can we help you?
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