FAQs about SOC 1 Audits

by KirkpatrickPrice / April 12, 2023

Want all the answers to the SOC 1 FAQs? Are you being asked by a top client for a SOC 1 audit report? What is a SOC 1 report? Do you need a SOC 1 audit? In this free whitepaper, you’ll find answers to frequently asked questions about SOC 1 audit reports and learn how your organization can benefit from having a SOC 1 report and what you can expect…

Vendor Compliance Management Program Key Components

by KirkpatrickPrice / December 16, 2022

What is Vendor Compliance Management? An effective risk management strategy includes the assessment and monitoring of vendor compliance with your company’s policies and procedures. Today’s compliance program involves an ongoing struggle organizing vendor responses utilizing spreadsheets and questionnaires while manually tracking reoccurring events and supporting documents. Where should you start? According to CFPB Bulletin 2012-3, companies must “oversee” their vendors “in a manner that ensures compliance with Federal consumer financial…