What is the Difference Between SOC 1, SOC 2, & SOC 3 Reports?

SOC reports have become a competitive necessity, essential to gaining client trust in your processes and controls. However, the type of SOC report needed—as well as the benefits, components, and requirements of each—are not always clear.

There are six different types of reports to consider, with the three most common being:

  • SOC 1
  • SOC 2
  • SOC 3

To help you understand the difference between these reports and how to identify the one that’s right for your organization, we developed a webinar. In this webinar, “A Service Organization’s Guide: What’s The Difference Between SOC 1, SOC 2, and SOC 3?” Paul Shifrin, Director of our Audit services practice, and Anthony DiGiulian, Direct of our Risk Management services practice, cover the following learning objectives around SOC Reporting:

  • The evolution of SOC reporting
  • SOC 1 reports: focusing on controls related to financial reporting
  • SOC 2 reports: meeting the needs of a broader user range
  • SOC3 reports: capitalizing on a valuable marketing tool
  • SOC 1, 2, and 3 report comparison

To learn more and get answers to your frequently asked questions, watch the full webinar.