SOC 1 Certification – Baltimore (MD)

Baltimore and Maryland business owners need to ensure sensitive data is protected, especially as it relates to the financial information of customers.  Organizations also continue to face pressure from regulators and customers to demonstrate that adequate controls are in place with respect to processing transactions and internal controls over financial reporting. Government regulations, such as Section 404 of the Sarbanes-Oxley Act of 2002 (SOX 404) stress the need for effective internal controls. Ensuring the company has robust internal controls and policies and practices in place is essential. In fact, many may expect to see a System and Organization Controls (SOC) report before doing business with a company. This examination (often referred to as a “SOC 1 audit”) verifies that the controls, processes, and procedures have been tested and indicates whether controls are effective. 

Baltimore SOC Expertise

Schneider Downs provides SOC examinations in Maryland and nationwide to 150 companies annually in a variety of industries. Typically, we work with organizations that use or store sensitive financial and other data that cybercriminals may want. Some examples of the clients we serve include Software-as-a-Service (SaaS) companies, data centers, IT-managed service providers, mortgage and loan servicing companies, medical claims processors, payroll companies, and inventory management and logistics providers. Our diverse range of experience permits us to understand the company more easily, its risk profile, areas of exposure, and important testing variables.

SOC 1 Examinations – Baltimore

Schneider Downs is recognized as a premier provider of SOC services including:

• SOC Readiness Assessments - These assessments assess an organization’s preparedness for a successful SOC 1 examination.
• SOC 1 Examinations - These examinations focus on an organization’s business processes and IT controls, particularly those that are likely to be relevant to an audit of customers’ financial statements. There are two types of SOC 1 reports: Type 1 reports evaluate the design of an organization’s controls. Type 2 reports test whether an organization’s controls are properly designed and implemented.

What Our Clients Say...

About Baltimore (MD)

It is a historic city with a vibrant arts and culture scene and is famous for its seafood, particularly its crabs. Some of the most popular attractions in Baltimore include:

1. Inner Harbor: This waterfront area is home to a variety of shops, restaurants, and entertainment options, as well as the National Aquarium and the USS Constellation, a historic naval ship.

2. Fort McHenry: This historic fort played a pivotal role in the War of 1812 and is the birthplace of the US national anthem, "The Star-Spangled Banner."

3. Baltimore Museum of Art: This museum features a collection of over 95,000 works of art, including pieces by Matisse, Picasso, and Warhol.

4. Oriole Park at Camden Yards: This baseball stadium is the home of the Baltimore Orioles and is known for its retro design and great views of the city skyline.

5. Edgar Allan Poe House and Museum: This museum is located in the former home of the famous American writer and features exhibits on his life and work.

Baltimore is also known for its delicious seafood, particularly its crabs, which can be found at many local restaurants and seafood markets. The city also has a thriving arts and culture scene, with a variety of theaters, music venues, and festivals throughout the year.

Contact Our Baltimore SOC 1 Examination Team

Schneider Downs provides SOC 1 examinations and readiness assessments to companies in Baltimore and across Maryland. If you are interested in learning how we can assist your organization, complete the form to the right and a team member will follow up with you promptly.

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