SOC Report (Formerly SAS 70)
Verify your commitment to providing best practices for your clients.
An SOC report is designed to provide assurance for third-party service organizations who are expected to have appropriate internal controls and safeguards in place when it comes to hosting, processing or accounting for their customer’s data and assets.
Potential customers requiring you to provide an SOC report are becoming more common as internal control compliance issues are at risk when critical services are outsourced to a third-party.
An SOC report, validated by a CPA, highlights the services, practices and significant policies, procedures and controls of your business. The SOC report also:
- Verifies the adequacy of your businesses’ control procedures
- Validates the operational effectiveness of your internal controls and practices
- Affirms your business operates using the best business practices available providing assurance that transactions processed on behalf of your clients are secure, kept confidential and performed timely and properly
You can use SVA to audit your internal controls and prepare an SOC report. Our professionals understand the value of providing customers with quality service as an experienced business-to-business service organization. We provide a thorough evaluation through a team approach utilizing both information technology and auditing professionals.
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