The SOC 2 compliance cost for Type 2 reports typically ranges between $7000 – $50000. Again, the costs depend on your organization's size, complexity (of systems & controls), audit readiness, TSCs chosen and the type of auditor. That said, the costs do add up when you include readiness assessments and other overheads.

Most service organizations conduct SOC 2 self-assessment prior to an official report to ensure SOC 2 attestations. In any case, SOC 2 attestation requires the CPA to attest that a service organization's controls meet the minimum standards set out by the AICPA.

Understanding the SOC 2 Certification Process A SOC 2 audit can only be performed by a CPA. At their core, these audits gauge how the service delivery of a system fulfills the selected trust principles of SOC 2.

Every SOC 2 report should have the 5 sections: Management Assertion. Independent Service Auditor's Report. System Description. Applicable Trust Services Criteria and Related Controls, Tests of Controls, and Results of Tests. Other information provided by the Management.

A SOC 2 self-assessment can give you a clear idea of how well prepared you are for an external audit, and help you pinpoint gaps in your security posture so you can fix them before your audit.

Here are the 5 steps to achieve SOC 2 Compliance: Approach A Credible Third-party And Determine Gaps. ... Select Criteria For Auditing. ... Build A Roadmap For SOC 2 Compliance. ... Perform A Formal Audit. ... Get Certified And Re-Certified.

Here are the 5 steps to achieve SOC 2 Compliance: Approach A Credible Third-party And Determine Gaps. ... Select Criteria For Auditing. ... Build A Roadmap For SOC 2 Compliance. ... Perform A Formal Audit. ... Get Certified And Re-Certified.