• SOC 1, SOC 2, SOC2+, SOC 3

Support, every step of the way. 

Companies today are facing increased regulatory scrutiny. As the outsourcing of financial and technology functions becomes more common and more broad, organizations must demonstrate adequate controls to ensure the safety and integrity of their clients’ assets through SOC 1, SOC 2/SOC 2+, or SOC 3 auditing and reporting.
Choosing the right service auditor is a crucial element to any organization’s success. At BDO, our SOC services are designed to meet our clients’ high standards in a cost-effective way. Our proprietary approach to system and organization controls leverages our extensive experience preparing SOC 1, SOC 2, and SOC 3 reports and was designed to increase efficiencies and reduce clients’ time commitment and the disruption to their staff. Our approach includes:
Planning: Working directly with our client, we validate the scope, clarify roles and expectations, and establish an audit plan and schedule. Our professionals are engaged in the audit process throughout the lifecycle of the engagement, allowing us to better manage engagement risk and strengthen our relationship with our clients’ leadership team.
Understanding: Our team will examine the service organization’s business processes, control environment, and control components to provide guidance on control objectives and controls.
Documentation: Based on our established understanding, we assist in the development of descriptions and narratives and a list of needed documents, reports, and electronic data.
Reporting: In our final phase, our professionals prepare and submit our draft SOC report for management review, including an internal review.