SOC 1 Certification – Boise (ID)

Boise and Idaho 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. 

Boise SOC Expertise

Schneider Downs provides SOC examinations in Idaho 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 – Boise (ID)

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 Boise (ID)

It is a vibrant city with a strong sense of community and a variety of outdoor recreation opportunities. Some of the most popular attractions in Boise include:

1. The Boise River Greenbelt: This 25-mile paved trail follows the Boise River and is a popular destination for walking, running, and cycling.

2. Boise Art Museum: This museum features a variety of contemporary art exhibitions and is located in the heart of downtown Boise.

3. Old Idaho Penitentiary: This historic prison is now a museum and offers guided tours of the grounds and facilities.

4. Idaho State Capitol: This neoclassical building is the seat of government for the state of Idaho and offers guided tours of the building and its grounds.

5. Bogus Basin Mountain Recreation Area: This ski resort is located just outside of Boise and offers a variety of winter and summer activities, including skiing, snowboarding, hiking, and mountain biking.

 

Contact Our Boise SOC 1 Examination Team

Schneider Downs provides SOC 1 examinations and readiness assessments to companies in Boise and across Idaho from our Pittsburgh location. 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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