By David M. Desmarais
By Daniel M. Andrea
By Michael A. Trotter
By Jessica Ashley, CPA, MBA
We strive to bring a "common sense" approach to delivering assurance services.
For organizations undergoing their first service and organization controls (SOC) audit, it is important to engage an organization that cannot only draw upon past experiences as a service auditor, but can also collaborate with your team in the pre-audit preparation phase. This makes it easier for the goals of the ultimate users of the SOC report to be realized.
Trust is essential to building successful relationships between entities and their third-party business associates.
To build and maintain confidence in the systems and controls that protect sensitive data, users of service organizations are calling for SOC reporting.
KLR performs the following SOC examinations which are outlined below:
Organizations are often unclear of what a SOC engagement entails and whether such an examination will result in potentially significant findings. Such findings are not only an obvious concern to management but can also mean the difference in keeping an existing customer and/or securing new customers.
KLR will work with you by first performing a SOC Readiness Assessment to identify potential issues requiring remediation prior to undergoing the SOC examination. Depending upon the type of SOC report (1, 2 or 3), we will also provide advice as to the types of Control Objectives (SOC 1) that your users expect or the specific Trust Services Principles (SOC 2 or 3) that are appropriate based upon the services you provide.
Contact our team