SOC 1 Certification – Boston (MA)

Boston and Massachusetts 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. 

Boston SOC Expertise

Schneider Downs provides SOC examinations in Massachusetts 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 – Boston

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.

About Boston (MA)

Boston is known for its rich history, cultural institutions, and world-renowned universities. Some popular attractions in Boston include:

• The Freedom Trail, which is a 2.5-mile-long trail that passes by 16 significant historical sites in the city, including the Massachusetts State House and the Paul Revere House.
• The Museum of Fine Arts, which is one of the largest and most comprehensive art museums in the world, with over 450,000 works of art from around the globe.
• Fenway Park, which is the oldest baseball park in the United States and home to the Boston Red Sox.
• The New England Aquarium, which is a popular attraction that features over 20,000 animals from over 600 species, including penguins, sea turtles, and sharks.
• The Harvard Museum of Natural History, which is a museum that features exhibits on Earth's natural history and includes the famous Glass Flowers exhibit.

 

Contact Our Boston SOC 1 Examination Team

Schneider Downs provides SOC 1 examinations and readiness assessments to companies in Boston and across Massachusetts 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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