SOC 1 Certification – Seattle (WA)

Seattle and Washington 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. 

Seattle SOC Expertise

Schneider Downs provides SOC examinations in Washington 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 – Seattle

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 Seattle (WA)

Seattle is known for its beautiful natural surroundings, thriving technology industry, and cultural attractions. Some popular attractions in Seattle include:

• The Space Needle, which is an iconic observation tower that offers panoramic views of the city and surrounding area.
• Pike Place Market, which is a historic public market that features fresh seafood, produce, and artisanal crafts from local vendors.
• The Museum of Pop Culture (MoPOP), which is a museum that showcases exhibits on popular culture, including music, film, and video games.
• The Seattle Aquarium, which is a popular attraction that features exhibits on marine life found in the Pacific Northwest.
• The Chihuly Garden and Glass, which is a museum that showcases the glass art of artist Dale Chihuly and includes an outdoor garden exhibit.

 

Contact Our Seattle SOC 1 Examination Team

Schneider Downs provides SOC 1 examinations and readiness assessments to companies in Seattle and across Washington. 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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