What is the scope of a SOC audit?

Mar 10, 2021 ... In this article, we'll take a look at some of the more common questions that we have been asked about SOC 1, SOC 2, and SOC 3 audits. SOC 1. A SOC 1 report is designed to help meet the needs of user entities and their financial statement auditors. When service organizations provide services ... Feb 10, 2023 ... SOC 2 is an auditing procedure that ensures service providers securely manage your data to protect the interests of your organization and the privacy of its ... Distribution of the SOC 1 report is limited to management of your service organization, customer (user) entities and user auditors. SOC 1 reports are typically ... ​As a growing SaaS business with no prior experience of external audit, we really valued the way BDO guided us through the SOC 2 audit process. Their solid ... Ensuring your organization is prepared for a Service Organization Control (SOC) audit is crucial. SOC audits are designed to assess the systems and ... The job of a SOC service auditor is to make sure you're meeting the examination requirements. However, an exceptional SOC service auditor will go beyond the ... Discuss the other reporting options with service auditor. Need a publicly available report without description of system or auditors tests or controls? SOC 1. A SOC audit can only be performed by a licensed certified public accountant or a CPA firm that has the necessary qualifications, expertise, and experience in ... This involves an audit and report that an auditor conducts over a specific period of time - typically longer than 6 months. SOC 2 Type II audits happen when an ...