Assurance Services

SOC Assurance Services

Do you need compliance and risk assessment services that require SOC Assurance as well?  Our strategic partner for Assurance Services, in conjunction with any of Drummond Group’s compliance or security service gives you the confidence that everything is as it should be, and to the highest standards.

Ready to improve the quality and context of information available to your customers about your compliance and security environments?  Learn more about the types of SOC reports that are available for your organization.

Types of SOC Reporting

SOC Type 1

SOC 1 reports on your organization’s internal controls as they relate to your customers’ financial reporting. The report provides you and your customers with assurance that your internal controls over financial reporting are designed correctly and operating effectively to meet their objectives. Your client’s auditors can use your SOC 1 report to familiarize themselves with your system, which saves you and your clients time and money.

Completion of a SOC 1 audit can help you meet contractual obligations with existing customers and attract new customers by demonstrating your organization’s compliance with AICPA standards, which are considered the benchmark for internal controls in U.S. business. SOC 1 compliance differentiates your firm from your competitors and provides you with a competitive advantage in the marketplace.

SOC Type 2

SOC 2 reports on your organization’s internal controls as they relate to the AICPA Trust Services Criteria: Security, Availability, Processing Integrity, Confidentiality, and Privacy. The report provides you and your customers with assurance your internal controls are designed correctly and operating effectively to meet your system objectives and service level commitments.

Completion of a SOC 2 audit can help you meet contractual obligations with existing customers and attract new customers by demonstrating your organization’s compliance with AICPA and COSO standards, which are considered the benchmark for internal controls in U.S. business. SOC 2 compliance differentiates your firm from your competitors and provides you with a competitive advantage in the marketplace.

SOC 2 with Privacy

SOC 2 with Privacy expands on the traditional report on your organization’s internal controls as they relate to the AICPA Trust Services Criteria: Security, Availability, Processing Integrity, Confidentiality, and Privacy. This is for organizations that create, collect, transmit, use, store personal information, or that interact with the data subject. The SOC 2 Audit with Privacy report provides confidence to your customers that you have controls in place to protect their personal information.

SOC Type 3

SOC 3 reports on your organization’s internal controls as they relate to the AICPA Trust Services Criteria: Security, Availability, Processing Integrity, Confidentiality, and Privacy. The report provides you and your customers with assurance that your internal controls are designed correctly and operating effectively to meet your system objectives and service level commitments, but with less detail so that they can be understood by the general public.

SOC for Cybersecurity

Completion of a SOC for Cybersecurity report can provide new and existing customers assurance that your organization’s risk management program complies with AICPA and COSO standards which are the benchmark for internal controls in U.S. business. SOC for Cybersecurity compliance differentiates your firm from your competitors and provides you with a competitive advantage in the marketplace.

SOC for CyberSecurity also helps mature your cybersecurity risk management program and can help you manage cybersecurity risk beyond what internal risk assessments and audits provide. SOC for Cybersecurity audits can identify deficiencies in internal controls, pinpoint areas for improvement, and will strengthen your organization’s control environment, risk management program, and overall security posture.

SOC for Supply Chain

SOC for Supply Chains reports on your organization’s internal controls as they relate to your supply chain system. The report helps you and you supply chain partners identify, assess, and manage the risks related to your system and provides your clients with confidence and trust they need to do business with you.

Completion of a SOC for Supply Chains audit can help you meet contractual obligations with existing customers and attract new customers by demonstrating your organization’s compliance with AICPA and COSO standards, which are considered the benchmark for internal controls in U.S. business. SOC for Supply Chains compliance differentiates your firm from your competitors and provides you with a competitive advantage in the marketplace.

The People of Drummond are here to help!

Speak with an assessment advisor today.

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