SOC 1 Report

SOC 1 Report – Report on Controls at a Service Organization Relevant to User Entities’ Internal Control over Financial Reporting

Service organizations such as payroll providers, collection agencies, or managed services providers whose services/controls directly or indirectly impact the accuracy of their clients’ financial statements, are required to provide independent assurance to their clients with respect to the suitability of the design and operational effectiveness of such services/controls. Our SOC 1 examination services are intended for such user entities and their auditors that audit the financial statements (user auditors). There are two types of reports for these examinations:

Typically, the usage of these reports are restricted to the service organization’s management, user entities of the service organization and user auditors.