Strengthen Confidence in Your Service Controls
SOC 1 Type 2 Audit
A SOC 1 Type 2 audit goes beyond assessing controls at a single point in time. It examines the operational effectiveness of those controls over a designated period (minimum six months), providing enhanced trust and transparency to your clients. This type of audit helps service organizations demonstrate their commitment to safeguarding client data and supporting accurate financial reporting.
The Value of a SOC 1 Type 2 Audit for Your Business
Comprehensive Validation: Evaluate the long-term effectiveness of your internal controls to build client confidence.
Enhanced Assurance: Provide customers with detailed evidence of operational consistency and reliability.
Increased Competitive Edge: Differentiate your services with verified control effectiveness over time.
Stronger Client Relationships: Foster trust by affirming your commitment to robust and reliable service delivery
Who Benefits from a SOC 1 Type 2 Audit
Service organizations like payroll processors, loan servicers, and claims administrators that impact financial reporting gain the most from this type of audit, since it validates controls over a sustained period rather than a single date.
What’s Typically Tested
Auditors review evidence of control operation, transaction samples, reconciliations, and change management processes across the testing period to confirm consistency and effectiveness.