The deliverable given to an organization at the conclusion of the SOC Report timeframe covers many elements. Among the most important information within the report is the auditor’s opinion. This supplies the organization with the overall belief of the auditor, after they have reviewed all findings. In this blog, let’s look at those opinions and … Continued
By: Pete Rife, CISA, CISSP, CDPSE, ISO 27001 Lead Auditor We often receive inquiries for SOC2 audits and the person needing a SOC2 report is hoping to have it completed as quickly as possible. The issue is almost always is a vital relationship with an important client or an opportunity to sign up a new … Continued
Holbrook & Manter, CPAs(H&M), a professional services firm with over 100 years of market presence, and Blair Carlisle, a cutting-edge global leader in cybersecurity, risk, and compliance consulting services, are joining forces. The entities will work together to serve the needs of organizations seeking cybersecurity risk and compliance services. The H&M and Blair Carlisle teams … Continued
What does it take to build and grow a successful SOC practice? This is the question that Allinial Global President and SEO Mark Koziel set out to answer in his latest blog. Pete Rife, CISA, CISSP, H&M’s Director of IT Audit served as a source for this piece. You can read it here: Allinial Global … Continued
You and your organization are now on the other side of having a SOC 2 audit performed, and you have your final report in your hand. Congratulations! You’re SOC 2 Certified! (Technically, there is no such thing as SOC 2 Certified – completing a SOC examination isn’t a Certification, but rather an “Attestation”) Your report … Continued
A well-executed SOC 2 is designed to inspire stakeholder confidence. With adequate preparation, you can ensure the entire process is simplified & successful!
By: Pete Rife, CISSP, CISA- Director of IT Risk Advisory The coronavirus pandemic is having a dramatic effect on companies large and small across the world and is having a significant impact on how many service companies deliver their services. The CDC recommendation for social distancing is driving many employers to direct their employees to … Continued
By: Mark Welp, CPA, CFE, MAcc- Principal, Audit & Assurance Why Third Party Administrators Should Consider a SOC 1 Report When it comes to the type of organization that makes a good candidate for a SOC 1 Report, Third Party Administrators, also known as TPAs, truly fit the bill. What exactly is a TPA? … Continued
Distinguishing the Benefits, Features & Target Audiences of These SOC Compliance Reports As System and Organization Control audits (SOC) are increasingly becoming a requirement to keep and engage new customers, many service companies struggle to determine whether a SOC 1 or SOC 2 audit is the right fit. Procedurally, these audit exercises are largely the … Continued
Service organization control (SOC) reports come in several varieties. The best part? You don’t need to pass the CPA Exam to figure out which one you may need. They generally pertain to service organizations, like retirement plan record-keepers or third party administrators (TPAs). The American Institute of Certified Public Accountants (AICPA) determines the scope of … Continued