- For Audit Firms
- For Businesses
- For Audit Firms
- For Businesses
SOC 1, SOC 2 & SOC 3 reports
Independent examination and reporting on the organization's controls and processes
As companies choose outsourcing their operations for efficiency and cost-cutting, managing the associated risks becomes crucial. As a service provider, you have multiple ways to offer confidence to your customers and stakeholders regarding your control framework. One of the most influential approaches is through the issuance of a Service Organization Control (SOC) Report, which provides credibility and trust. SOC1, SOC2, and SOC3 reports offer assurance on controls at service organizations, bridging the trust gap as critical data is shared with third parties. Attestation reporting fosters trust among stakeholders, showcasing effective controls for both business processes and data protection.
Ways we can help:
– Advising on opting SOC report, based on the report’s audience and requirements.
– A SOC readiness assessment including gap identification and improvement recommendations before initiating a SOC examination.
– Provision of a SOC report suitable for sharing with clients and other auditors.
Conducting a SOC review allows you to provide your clients with a sense of assurance, signifying adept risk management in outsourcing and the establishment of a robust control environment. This cultivates confidence and instills trust in the value of the services you offer.
Which attestation report suits your business?
- SOC 1 specifically addresses risks and controls related to financial report preparation. Often requested by organizations to meet third-party audit requirements for their IT environments, SOC 1 focuses on outsourced services that influence financial reporting. This report serves both users and auditors, aiding in effective communication of risk management and controls to multiple stakeholders.
- SOC 2 is a report focused on operational controls. It serves a vital role in overseeing organizations, vendor management, internal governance, risk management, and regulatory compliance, addressing AICPA trust services principles like availability, confidentiality, processing integrity, and privacy. This report is tailored for users, auditors, and specified third parties. Specifically designed for service providers handling client data, such as data centers, cloud service providers, and telecom operators, SOC 2 demonstrates the presence of robust security measures for client data.
- SOC 3 provides a concise summary of the details found in an SOC 2 report, excluding specific confidential system and control information. This easily shareable document showcases to both existing and prospective clients that the certified organization upholds the essential control standards specified in an SOC 2 assurance report.
WE FOCUS ON
Communication
As accountants, we know how timely response and timely completion of the work is important. That is why we put a lot of emphasis on communication between our teams and clients.
We always make sure the communication is clear, comprehensive and timely. There is never a disconnect between our teams and yours. Quick, prompt response to either email, call or chat is our utmost priority.
WE DEMONSTRATE
Commitment
Commitment is essential in accounting and auditing because of the nature of the work. Global Audit Solutions is committed to performing its work effectively and maintaining the trust of our clients and stakeholders.
A commitment to professionalism, ethical behavior, attention to detail, time management, and effective communication is critical for us to deliver high-quality services and maintain our reputation as trusted advisors.
Discover more subservices
IT infrastructure security assessment
Evaluation of IT infrastructure to identify and address potential security vulnerabilities and risks
Security management system audit
Assessment of the effectiveness of security management system to ensure compliance with industry standards and best practices
Vulnerability analysis
Identification of weaknesses and vulnerabilities in your systems and provide recommendations for enhancing security
Data security audit
Review data protection measures, assess the integrity of your data, and recommend strategies for safeguarding sensitive information
Compliance audit
Verification of compliance with relevant regulations and standards, such as GDPR, HIPAA, or industry-specific requirements
Contacts
Reach out for reliable services
Thank you for contacting us!
We have received your message and will get back to you shortly.