Memphis SOC Audits – Memphis (TN)

System & Organization Control (SOC) Audits – Memphis (TN)

When it comes to managing a customer’s sensitive data, it is imperative for a third party to demonstrate the effectiveness of policies and controls. Increasingly, it has become commonplace for companies to require service organizations such as SaaS entities, cloud computing providers, outsourced payroll companies, and healthcare organizations to obtain certification. When the need arises companies and organizations across Memphis (TN) turn to CBM to address SOC audit needs.

Memphis SOC Experience

Our firm provides SOC reports to Memphis (TN) areas companies in several industries. Naturally, we work with companies that store, transmit, modify or otherwise handle a customer’s sensitive financial (or other) information. Our experience allows us to quickly identify the risk factors and identify the necessary testing areas. The result is an efficient and effective audit process that delivers the valuable insights that both management and customers need.

About Memphis

Memphis is the 2^nd largest city in Tennessee and is the seat of Shelby County. Often referred to as the Home of the Blues, the name alludes to the significant number of blues musicians originating from the area. There have been several inventions made in Memphis including Rock N’ Roll, the typewriter ribbon, and the self-serve grocery store. There are 70,000 companies in the metropolitan area featuring an unemployment rate of 4.9%. The top industries include transportation, warehousing, retail trade, manufacturing, and educational services. In addition, there are three Fortune 500 companies and two of the largest public companies located in the city.

Memphis SOC Audits

• SOC 1 – These audits review the internal controls of a service organization as related to the financial transactions conducted on behalf of clients. A SOC 1 report provides the opportunity to verify the integrity of controls, information technology policies, and safeguards. There are two types of SOC 1 audits including a Type 1 and Type II.
• SOC 2 – These audits report on the controls at a service organization relevant to the security, availability, processing integrity, confidentiality, and privacy. They examine the protection of the organization’s internal control system against unauthorized access, its availability for use as intended, assurance that the data processed by the organization is comprehensive and accurate, that it meets agreed-upon confidentiality policies and that it meets similar privacy requirements including under Generally Accepted Privacy Principles.

Map of Memphis, TN

National Reach

Our firm provides System & Organization Control (SOC) Reports to businesses in Bethesda (MD), Baltimore (MD), New York City (NY), Buffalo (NY), Pittsburgh (PA), Philadelphia (PA), and Washington DC.

Contact Our Memphis SOC Auditors

CBM conducts SOC 1 and SOC 2 audits for companies in Memphis and across Tennessee. If you have questions or would like additional information on our services, complete the form below and a team member will follow up promptly.