SOC
System and organization control (‘SOC’) attestations (formerly known as SAS 70 or SSAE 16 attestations) are gaining prominence due to the ability of this attestation to enable service organizations to meet their customers’ requirements.
To succeed in SOC attestations, you need to understand the different types of SOC reports & trust service principles that apply to your organization, prepare your environment & documentation to meet the criteria of the selected principles and communicate with your clients and stakeholders about the scope & results of the SOC attestation.
SOC 1 Services
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Readiness assessment for identifying control gaps
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Assistance in defining control objectives aligned with ICFR
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SOC 1 Type I: Point-in-time assessment of control design
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SOC 1 Type II: Testing operational effectiveness over a defined period
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Gap analysis and remediation planning for audit readiness
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Drafting of control matrices and mapping to business processes
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Coordination with external auditors for seamless assurance reporting
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Ongoing advisory for control monitoring and reporting
SOC 2 Services
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Readiness assessment aligned to Trust Services Criteria
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Definition and refinement of Security, Availability, Confidentiality, and Privacy controls
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SOC 2 Type I: Point-in-time assessment of control design and documentation
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SOC 2 Type II: Testing operational effectiveness over a defined period
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Gap analysis and control enhancement advisory for SOC 2 readiness
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Drafting of control descriptions mapped to Trust Services Criteria
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End-to-end support through the audit cycle including walkthroughs and testing
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Continuous improvement recommendations post-audit for sustained compliance
