Document App - Soc 2 Online For Free

SOC 2 Certification Cost for SMBs with Up to 50 Employees StageCost*Pre-AssessmentPenetration Test$8,000Awareness Training$5,000External AuditAudit$30,000Total Cost$91,0002 more rows ?

SOC 2 audits can only be conducted by a licensed CPA firm or agency accredited by the American Institute of Certified Public Accountants (AICPA). In addition, the auditor or auditing firm must be a completely independent CPA, which means they have no relationship with the service organization they're auditing.

Report from the auditor. The first section of a SOC 2 report is a summary of the audit provided by the auditor. ... Management assertion. The management assertion allows the company to make claims about the audited systems and controls. ... System description. ... Tests of controls. ... Other information.

A SOC 2 Type 2 report is an internal controls report capturing how a company safeguards customer data and how well those controls are operating. Companies that use cloud service providers use SOC 2 reports to assess and address the risks associated with third party technology services.

What is a SOC 2 audit report? A SOC 2 audit report provides detailed information and assurance about a service organisation's security, availability, processing integrity, confidentiality and privacy controls, based on their compliance with the AICPA's TSC, in ance with SSAE 18. It includes: An opinion letter.

A SOC 2 report is intended to be confidential, despite the fact that you may see a handful of reports posted online. Some prospective customers may want to see your report, and this is appropriate. Some organizations will have prospects sign an NDA prior to sharing their SOC 2 report.

The SOC 2 Type II Audit Process entails: Reviewing the audit scope. Creating a project plan. Testing controls for design and/or operational effectiveness. Authenticating the results. Delivering and communicating the organization's report.