SOC 1 Audit

SOC 1 Compliance Report

What is a SOC 1 Audit?

How do you validate the security of your organization’s services? A SOC 1 engagement is an audit of the internal controls which a service organization has implemented to protect client data, specifically internal controls over financial reporting (ICFR). SOC 1 is the standard used by CPAs during a SOC 1 engagement to evaluate, test, and report on the effectiveness of the service organization’s internal controls. The result? A SOC 1 report validating the organization’s commitment to delivering high quality, secure services to clients.

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How Can SOC 1 Compliance Benefit Your Organization?

Staying ahead in your industry comes down to one critical question – can your clients trust you? You may need a SOC 1 report because a client is requesting it. If that’s the case, then you’re in the right place. SOC 1 compliance affirms the security of your services and gives your organization the ability to provide clients with evidence from an auditor who has actually seen your internal controls in place and operating. SOC 1 compliance can help you gain a competitive advantage and client trust by maturing your practices and receiving third-party validation.

Undergoing a SOC 1 audit is also a way to be proactive in your information security and compliance efforts, which could be just what you need to stay ahead in your industry. SOC 1 compliance can help your organization maintain loyal clients and attract new ones, operate more efficiently, avoid fines for non-compliance or from breaches, and most importantly: assure clients that their sensitive data is protected.

Why Work with KirkpatrickPrice?

As a licensed CPA firm, SOC 1 audits are one of our specialties. We deliver hundreds of SOC 1 reports per year and hold the Advanced SOC for Service Organizations certificate. KirkpatrickPrice Information Security Specialists are senior-level experts, holding certifications like CISSP, CISA, and CRISC, to help you maintain SOC 1 compliance.

Our audit delivery tool, the Online Audit Manager, streamlines the audit process, helps reduce the complexity of compliance efforts, and gives our clients the ability to combine multiple audit frameworks into one audit. We’ve spent over a decade honing this process so that clients can complete one audit process while receiving multiple reports.

Connect with us today to learn about the time it takes to complete a SOC 1 audit, understand the cost of receiving a SOC 1 report, and take part in a free demo of the Online Audit Manager.

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SOC 1 Compliance Report

Learn More About SOC 1 Compliance

Undergoing a SOC 1 audit is a great way to be proactive in your compliance efforts, which could be just what you need to stay ahead in your industry. Want to learn more? We’re here to help! Start with some of our free resources, all about SOC 1 audits.