SOC 1

SOC 1 is an internationally recognized third-party assurance audit designed for service organizations. If your organization affects your customers’ internal controls over financial reporting, a SOC 1 report could help meet customer requirements.

If, however, security, confidentiality, availability or processing integrity is a critical concern, a SOC 2 report may be more appropriate.

Your Marcum SOC professionals understand your industry and the regulatory pressures you face. We offer you an affordable, efficient approach to SOC 1 compliance. Questions about SOC 1? Ask Marcum.

SOC 1 Benefits

A SOC 1 provides benchmarks to compare your internal controls to industry leading practices. You receive an independent third-party review and additional benefits including:

Instant credibility.
Confirmation that controls, processes and procedures exist as management intended.
An independent assessment of controls.
Potential to grow market share.
Reduces time spent on third-party self-assessment questionnaires.
One audit satisfies multiple customers.

SOC 1 Services

SOC 1 Diagnostic Review/Readiness Assessment

A low-cost assessment to help prepare you for your first SOC 1 audit. Designed for organizations that haven’t had a previous SOC of similar controls-based audit.

SOC 1 Transition Services

Ensures compliance as you move from SSAE 18 compliance to SOC-1.

SOC 1 Type 1 Report

If you have policies and procedures in place, but want a better understanding of SOC 1, a SOC 1 Type 1 engagement prepares your organization for the Type 2 report and provides an assurance report on the design of internal controls as of a specified date.

SOC 1 Type 2 Report

Earn the highest level of SOC 1 Type 2 report. It not only evaluates the controls design, but also includes testing to illustrate the operating effectiveness of your controls over a period of time.