Helping You Build Trust, Reduce Risk, and Meet Regulatory Expectations

Dallas is home to one of the nation’s fastest-growing financial hubs. With a strong presence of banks, private equity firms, credit unions, loan servicers, payroll processors, and fintech companies, the need for trustworthy financial reporting and internal control validation has never been greater.

That’s why NDB—a nationally recognized CPA firm—offers comprehensive SOC 1 audit services tailored specifically for financial institutions operating in Dallas, Texas and surrounding markets.

We specialize in helping service organizations demonstrate control over financial reporting systems, ensuring alignment with AICPA’s SSAE 18 (SOC 1) standards. From fund administrators to third-party loan processors, our audits give your clients, partners, and regulators the confidence they demand.

What Is a SOC 1 Report—and Why Do You Need One?

A SOC 1 (System and Organization Controls 1) report evaluates how well your internal controls support financial reporting for your user entities. If your business processes transactions, payroll, lending, investments, or any service that impacts your clients’ financial records, a SOC 1 audit is critical.

There are two types of SOC 1 reports:

• SOC 1 Type I: Evaluates the design of controls as of a specific date.
• SOC 1 Type II: Tests the operational effectiveness of those controls over a period (usually 6–12 months).

SOC 1 audits are increasingly a requirement for third-party service providers involved in regulated financial ecosystems. They can help:

• Support regulatory compliance (e.g., FDIC, OCC, FFIEC)
• Satisfy client and investor due diligence
• Validate internal control environments
• Strengthen your reputation in competitive RFP processes

Dallas Institutions We Serve
NDB works with a broad range of financial and financial-adjacent entities, including:

• Banks and credit unions
• Investment advisors and fund administrators
• Mortgage and loan servicers
• Payroll providers and retirement plan administrators
• Fintech platforms and BaaS providers
• Billing and accounting software vendors
• Trust companies and custodial services

How NDB Delivers SOC 1 Audit Excellence in Dallas
As a licensed CPA firm, NDB is qualified to issue official SOC 1 reports that meet the AICPA’s rigorous standards. But we go beyond compliance—we aim to be your long-term partner in risk management, regulatory readiness, and audit efficiency.

Our engagements are collaborative, proactive, and tech-enabled, so your team doesn’t spend months chasing documentation or responding to unclear requests.

Our SOC 1 Audit Process (Step-by-Step)

1. Initial Consultation and Scoping
We begin by meeting with your leadership, compliance, and operational teams to understand your services, clients, systems, and regulatory drivers.

• Identify financial processes in-scope
• Determine key control objectives
• Align audit scope with contractual or regulatory requirements

2. SOC 1 Readiness Assessment
We conduct a readiness review to evaluate your current control environment against SSAE 18 standards. This step helps uncover gaps before the formal audit begins.

• Review control design and implementation
• Evaluate documentation, policies, and system access
• Recommend improvements or remediation activities

3. Control Testing and Evidence Gathering
For Type II audits, we test the effectiveness of your controls over the specified audit period. Our team uses structured sampling methods, interviews, and documentation review to verify outcomes.

• Validate the operational integrity of key controls
• Use automation where possible to streamline evidence collection
• Maintain audit traceability and transparency

4. SOC 1 Report Drafting and Review
We draft your formal SOC 1 report, including management’s assertion and our auditor’s opinion, with detailed descriptions of your system and control environment.

• Collaborate with your team for accuracy and completeness
• Address potential exceptions before finalization
• Prepare you to share the report confidently with clients and regulators

5. Final Delivery and Support
Once the report is finalized, we offer debrief sessions, client support strategies, and recommendations for ongoing internal control enhancements.

• Final deliverable: SOC 1 Type I or Type II report
• Optional: Audit response templates for client inquiries
• Annual re-engagement planning for consistent compliance

Why Dallas Financial Organizations Choose NDB

Licensed CPA Firm – SOC 1 audits must be performed by a licensed public accounting firm. We are registered and experienced in financial services attestation.

Deep Regulatory Knowledge – We understand the oversight expectations from state, federal, and industry regulators in the financial sector.

Efficient, Modern Engagements – We minimize disruption by offering clear timelines, streamlined communication, and collaborative auditing tools.

Trusted by Institutions Across Texas – NDB is proud to serve banks, investment firms, and fintech providers across Dallas, Austin, Houston, and beyond.

Not Just an Auditor—A Risk Partner – We bring decades of experience helping firms build stronger control environments, not just pass an audit.

What You’ll Gain with NDB

• A complete, CPA-issued SOC 1 report that meets AICPA standards
• A clearer understanding of your internal control posture
• Remediation guidance to help you mature your compliance program
• Credibility with customers, vendors, and regulatory bodies
• A trusted advisory relationship, year after year

Ready to Get Started? Let’s Talk

If you're a financial institution in Dallas seeking to validate your internal controls with a SOC 1 report, NDB is ready to help. We offer full-service SOC 1 readiness, audit, and remediation services—with the professionalism, speed, and integrity you expect from a top-tier CPA firm.

NDB – Trusted SOC 1 Auditors for Dallas Financial Institutions
Compliance doesn’t have to be complicated. With NDB, it’s clear, thorough, and built for growth.