Across nearly every industry, third-party service providers are now critical business partners, prompting clients to be more diligent in managing vendors and evaluating service provider control environments. Thus, many clients are requiring Service Organization Controls (SOC) reports to gain assurance that your relevant controls are consistent, documented, and operating effectively.
But, before diving into a SOC examination, it is critical that you understand exactly what it entails for you, your organization, and your staff. What are the examination’s key stages, as well as the responsibilities and requirements of each? This understanding, combined with the right internal team and audit partner, can maximize efficiency, clarity, and — most importantly — value.
Download our Whitepaper to gain insight into the SOC examination process, such as the steps, the timing, and choosing the right Audit partner. If you have questions on the examination process or which SOC report is best for your organization, reach out to our Audit team or download our latest eBook.
