Prepare for your SOC engagement in as little as 2 weeks.
The SOC Readiness Assessment empowers management with the information, and the opportunity needed, to modify existing controls or institute new ones prior to the date of the SOC examination. Your Auditwerx engagement team performs an “examination before the examination” on your process from beginning to end, explains what controls should be in place at each step, and evaluates whether your existing controls are in line with best practices. This assessment is helpful for preparing for a SOC assessment, and delivers a roadmap that your business can follow to a successful SOC examination.
Communication is essential in completing a SOC report and it starts in the planning process. Our planning begins with a kickoff call. The kickoff call is used to make introductions, identify key players, and points of contact. We also begin the process of understanding the services on which we will be providing an opinion.
When a readiness assessment has been requested, we establish the dates for the readiness work (for first-time SOC reporters) and/or fieldwork (for recurring clients). In readiness, we assess the data flow of the services, identify controls, and provide a gap analysis of controls that may need implementation or improvement. The planning and readiness process is critical to creating open communication designed to obtain maximum efficiencies that will be realized in the Type 2 reporting process.
We have helped countless organizations understand their current internal measures and improve upon them. We can be your trusted ally in this process. We are a firm that has performed these procedures for many organizations across a range of industries.
Fill out this form to get in touch with one of our specialists. We’ll be in touch soon to help determine what compliance needs best suit your business.
Once the “in-scope” services are determined, the next step is to clarify both the processes and systems that support those services in order to establish the system boundaries and what is included in the SOC report. This step further narrows the focus and spotlights only those critical areas that are important to the in scope control environment while eliminating information not applicable to the scope of the report.
Once the in-scope services, processes and systems are established, the next step is pinpointing key controls and, even more importantly, any control gaps. Control gaps consist of either controls that are not in-place (and should be) or controls that are ineffective. Identifying control gaps is critical because those gaps will need remediation. The “fix” could include a variety of things such as a new control or simply maintaining audit evidence like log files that are often purged but will need to be maintained over the reporting period.
If you have questions about SOC reporting, then Auditwerx has the answers!
Our handy guide is a great starting point to determine what kind of SOC report best fits your company’s needs. When you’re ready to speak with an experienced team about your reporting needs, Auditwerx will be here for you!
Our priority is to make your security compliance journey stress free. See what real clients have said about Auditwerx: