Need to perform a SOC 1 SSAE 18 audit, but not sure where to begin? The very best – and first – place to start the audit process is with a SOC 1 SSAE 18 Scoping & Readiness Assessment. When performed correctly – by a competent CPA firm – the benefits are tremendous, indeed. NDB offers fixed-fee audits, and as part of the process, also includes an upfront SOC 1 SSAE 18 Scoping & Readiness Assessment as part of overall auditing lifecycle.
Benefits of a SOC 1 SSAE 18 Scoping & Readiness Assessment
Determine actual Scope of the Audit: The very first – and most important issue – to determine when embarking upon SOC 1 SSAE 18 compliance is determining the actual scope of the audit. Specifically, what’s the business process in scope? Remember, that it’s important to understand how your services impact financial reporting for clients, a concept known as ICFR.