Which SOC controls report is right for your organization?
In today’s business world, when providing services to another organization, it is necessary to demonstrate that appropriate financial, operational and data protection controls are in place. As user organizations have increasingly requested assurance regarding these controls, the AICPA has introduced several reporting options. These Service Organization Controls (SOC) reports go beyond traditional financial reporting concerns and address the multitude of risks associated with processes being outsourced.
Unfortunately, requests for reports often come from personnel that do not fully understand the differences that have resulted from recent changes in standards. Read our white paper to learn the various control report options available and how to determine which is best for your customers.