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Trust the experts at NDB when it comes to providing expert SOC 2 guidelines and other supporting information for ensuring you achieve SOC 2 compliance quickly and cost-effectively. As part of every SOC 2 audit performed by NDB, organizations receive a free consultation regarding all of your SOC 2 needs from a highly-qualified CPA with years of SOC 2 expertise.

Want to learn more about SOC 2 and obtain a true SOC 2 guide on what’s becoming one of the most recognized assessments throughout the entire world, then take note of the following items for ensuring a successful SOC 2 audit from day one:

1. Compliance is here to stay. SOC 2 audits are being requested annually from many technology driven businesses that are providing material services to their clients. It means that YOUR clients want to gain a greater understanding – and confidence level – of your internal controls, which they can do by requesting annual compliance audits, such as SOC 2. So forget about the notion of a “one and done” SOC 2 audit – not in today’s world, as compliance is now an annual commitment for service organizations.

2. Technical Remediation is Critical. Information security remediation a very, very big part of SOC 2 compliance, so much so that businesses often hire independent consultants to assist with such an undertaking, that’s right. The Trust Services Principles (TSP), which consist of Security, Availability, Processing Integrity, Confidentiality, and Privacy – all require a heavy dose of technical controls for ensuring successful SOC 2 compliance. NDB offers technical remediation services, which is one the biggest reasons we’re the preferred provider of SOC audits throughout North America.

3. Invest in a SOC 2 Readiness Assessment. When performed correctly, a SOC 2 readiness assessment is extremely valuable, providing much-needed insight and understanding of a service organization’s gaps and deficiencies for purposes of SOC auditing. From missing documentation to critical security gaps – and more – a SOC 2 readiness assessment effectively lays the foundation for long-term auditing success. It’s not just another expense – rather – a beneficial exercise that’s highly recommended to any service organization new to SOC 2 reporting.

And while the vast majority of remediation for SOC 2 audits is predominantly that of documentation, let’s not forget the importance of actually implementing all the necessary changes that are stated in such documents. This is a big step for many service organizations, but it has to be done for purposes of regulatory compliance for SOC 2, and it’s also in the spirit of security best practices for today’s complex, cybersecurity world.

4. Learn about SOC 2. Hey, if you’re going to be spending large sums of money each year on SOC 2 reporting, then it’s probably a good idea to start learning about the technical merits of the AICPA Service Organization Control (SOC) framework, which consists of SOC 1, SOC 2 and SOC 3. Additionally, SOC 2 compliance requires a description of a service organization’s “system”, along with a written statement of assertion by management, two critical reporting elements in which NDB can provide more information on.

  • SOC 2 audit reports are an important element of the AICPA Service Organization Control (SOC) reporting framework.
  • Organizations can opt for a SOC 2 Type 1 or a SOC 2 Type 2 report.
  • SOC 2 audit reports are geared towards many of today’s technology oriented companies.

Speak with Christopher G. Nickell, CPA, at 1-800-277-5415, ext. 706, or email him at cnickell@ndbcpa.com, and receive a competitively priced fixed fee for SOC 2 audit reports.

Call the proven and trusted SOC 2 framework experts today at NDB as we provide incredibly comprehensive, cost-effective, “fixed-fee” engagements for the SOC 2 framework. From coast to coast, NDB has been offering high-quality, industry leading compliance services and solutions for not only SOC 2 audits, but for many of today’s regulations, such as SOC 1 SSAE 18, SOC 2, SOC 3, EI3PA, ACH Audits, MERS compliance, internal audits, and more

SOC 2 Framework and 4 Important Points to Know

The SOC 2 framework, which is effectively part of the AICPA Service Organization Control (SOC) reporting platform, represents a true willingness to develop and implement an assessment methodology geared towards technology oriented service organizations. With that said, the following four (4) points are critical to note regarding SOC 2:

1. Scope is Critical: Ever heard of the term “scope creep”, let’s just say it’s not something you want to happen during a SOC 2 assessment, which is why properly scoping the audit at the very beginning is highly critical. With that said, there are two (2) important aspects to scoping – the first being identifying the business process to assess, and the second being which of the five (5) Trust Services Principles & Criteria (TSP/C) are to be included within the actual scope of the assessment. Sounds rather straightforward – and it is when working with a high-quality, well-respected CPA firm – but diving into SOC 2 audits with little or no insight regarding scope is not recommended. Here are some helpful tips for assessing SOC 2 scope:

First, determine what the actual business process is that will be included for a SOC 2 assessment, is it everything the organization does or just a specific business unit or division? Second, identify which of the five (5) Trust Services Principles & Criteria (TSP/C) are to be used for reporting, for which you should confer with a well-qualified CPA firm on this. Nobody wants the awful “scope creep” dilemma to come calling, so plan accordingly and speak to knowledgeable professionals today.

Second, documentation is essential: In today’s world of regulatory compliance, documentation is often the key to audit success – and failure – thus the importance of information security documents cannot be overlooked for SOC 2 compliance. In fact, whichever of the five (5) Trust Services Principles & Criteria (TSP/C) you choose for the audit (one, a few, or all of them), they all require documentation to be in place - it is just that simple.

Appropriately configuring firewall rules, implementing complex password policies, and instituting formalized change control practices, and more – they’re all important, no question about it – but don’t forget that accompanying documentation for such initiatives is incredibly essential for SOC 2 audits. Remember, auditors are always on the lookout for information security documents, so keep that in mind.

2. Annual Compliance is often mandatory: Call it the “new norm” in the world we all live in regarding regulatory compliance for any business providing critical outsourcing services to other businesses. In today’s world of cost-savings and business efficiencies, outsourcing is happening everywhere –and for good reason – but just remember that heavy compliance mandates come along with it. From cloud computing providers to data centers – and more – SOC 2 compliance is here to stay, so get prepared for annual audit commitments to your customers.

3. Mapping of Audit Controls is Crucial: In today’s world of growing regulatory compliance mandates, a large number of companies are being faced with multiple compliance audits – it’s just the new norm of business – and if that’s you, then it’s time to talk to NDB about our compliance mapping services that help businesses put in place effective controls and policy documents for all major regulations. A large number of core information security and operational frameworks, procedures, and processes are very similar, thus implementing controls and developing documentation that speaks to such efficiencies is critical. We can assist – it all begins by contacting Christopher G. Nickell, CPA, at 1-800-277-5415, ext. 706, or emailing him at cnickell@ndbcpa.com, and receive a competitively priced fixed fee for SOC 2 audit reports.

4. Where to begin? With a SOC 2 scoping & readiness assessment from NDB, that’s where. Performed by licensed and certified auditors, our SOC 2 scoping & readiness assessment engagements are an incredibly helpful tool for evaluating your organization. Learn more about the SOC 2 framework by visiting socreports.com.

NDB Accountants & Consultants, LLP (NDB) is one of Texas’ leading providers of SOC 2 Type 1 and SOC 2 Type 2 reports, offering high-quality compliance services, complete with fixed-fee pricing for all our solutions. Along with offering SOC 2 audits, we also provide numerous supporting services, such as readiness assessments to policy writing, and much more. If you’re a business in Dallas, TX offering critical services and solutions to other entities, then expect SOC 2 compliance to come calling, so get prepared and learn the facts about the AICPA Service Organization Control (SOC) framework.

Dallas’ Leading Provider of SOC 2 Audits & Assessments at Fixed Fees

There’s no better place to be than the Lone Star State – call it a Texas mindset, one we fully embrace – yet with such a stellar economy in Dallas also comes big regulatory compliance reporting mandates for many businesses. Technology is booming in Dallas, and also in Houston and Austin, with many Texas entities requiring annual SOC 2 compliance, which NDB can assist, offering fixed fee pricing. Name an industry in Texas, from manufacturing to technology, and it’s safe to say that NDB has a strong presence in terms of providing annual compliance audits and assessments. From the oil fields of West Texas to the technology hub in Austin, NDB is a household name in offering SOC 2 audits, and numerous other regulatory compliance services, such as SOC 1, SOC 3, PCI DSS, HIPAA, FISMA, ISO 270000 reporting, and more.

Offering Comprehensive SOC 2 Services to Dallas, TX Businesses

For SOC 2 Compliance & Assessments, Reporting on Controls at a Service Organization Relevant to Security, Availability, Processing Integrity, Confidentiality, or Privacy is the official framework of a SOC 2 report. Under the new American Institute of Certified Public Accountants (AICPA) Service Organization Control (SOC) framework, this is but one of three new reporting options, which include SOC 1, SOC 2, and SOC 3. The AICPA has made great strides in replacing an aging auditing standard (SAS 70) with a vastly improved and more up-to-date service organization reporting platform. So, here’s what you need to know about SOC 2 Compliance & Assessments, courtesy of NDB Accountants & Consultants, LLP, North America’s leading provider of SOC 1, SOC 2, and SOC 3 audits:

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