Independent Audit Verifies OneCloud’s Internal Controls and Processes
New York, NY – May 2018 – KirkpatrickPrice announced today that OneCloud, a SaaS solution provider, has received their SOC 1 Type I and SOC 2 Type I attestation reports. The completion of these engagements provides evidence that OneCloud has a strong commitment to deliver high quality services to its clients by demonstrating they have the necessary internal controls and processes in place.
KirkpatrickPrice, a licensed CPA and PCI QSA firm, performed the audit and appropriate testing of OneCloud’s controls that may affect its clients’ financial statements. SOC 1 Type II is a reporting on the controls at a service organization that was established by the American Institute of Certified Public Accountants (AICPA). This report is in compliance with the SSAE 18 auditing standards and focuses on the controls of a service organization that are relevant to an audit of a user entity’s financial statements. The standard demonstrates that an organization has adequate controls and processes in place. Federal regulations such as Sarbanes-Oxley, Gramm-Leach-Bliley and the Health Insurance Portability and Accountability Act (HIPAA) require corporations to audit the internal controls of their suppliers, including those that provide technology services. The SOC 1 Type II audit report includes OneCloud’s description of controls as well as the detailed testing of its controls over a minimum six-month period.
SOC 2 engagements are based on the AICPA’s Trust Services Criteria. SOC 2 service auditor reports focus on a Service Organization’s non-financial reporting controls as they relate to security, availability, processing integrity, confidentiality, and privacy of a system. KirkpatrickPrice’s service auditor report verifies the suitability of the design and operating effectiveness of OneCloud’s controls to meet the standards for these criteria.
“Building a robust platform requires a focus on security across the organization, and we’re confident that we’ve taken all the necessary steps to ensure our data is protected,” said Quin Eddy, CEO of OneCloud. “We are confident that this audit reflects the results of our strong commitment to keeping our platform secure.”
“Many of OneCloud’s clients rely on them to protect consumer information,” said Joseph Kirkpatrick, President of KirkpatrickPrice. “As a result, OneCloud has implemented best practice controls demanded by their customers to address information security and compliance risks. Our third-party opinion validates these controls and the tests we perform provide assurance regarding the managed solutions provided by OneCloud.”
Read more here.
OneCloud is an integration and automation platform designed for business users to bring simplicity and control to the enterprise application landscape. OneCloud seamlessly orchestrates complex handshakes across a hybrid mix of on-premise and cloud-based systems. OneCloud provides full support for business intelligence and performance management applications including, but not limited to: Anaplan, Workday, Salesforce, Oracle Hyperion, IBM Cognos, Tableau and relational technologies.. For more information, visit www.onecloud.io or connect with OneCloud on LinkedIn.
KirkpatrickPrice is a licensed CPA firm, PCI QSA, and a HITRUST CSF Assessor, registered with the PCAOB, providing assurance services to over 700 clients in more than 48 states, Canada, Asia, and Europe. The firm has over 13 years of experience in information security and compliance assurance by performing assessments, audits, and tests that strengthen information security and internal controls. KirkpatrickPrice most commonly provides advice on SOC 1, SOC 2, PCI DSS, HIPAA, HITRUST CSF, GDPR, ISO 27001, FISMA, and CFPB frameworks. For more information, visit www.kirkpatrickprice.com, follow KirkpatrickPrice on Twitter (@KPAudit), or connect with KirkpatrickPrice on LinkedIn.