How to be SOC ready!

by Andrew Wan, CPA, CFE   More and more customers are requesting service organizations to obtain a Service Organization Control (SOC) audit in order be qualified to become their vendors. When such requests are received, how does a service organization prepare for a...

What is a SOC?

Service Organization Controls Report (SOC) is an audit report issued by an independent auditor about the design and implementation of internal controls, and potentially the operating effectiveness of internal controls for a specified period of time. These reports are...