Philadelphia SOC Audits – Philadelphia (PA)

System & Organization Control (SOC) Audits – Philadelphia (PA)

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 Philadelphia (PA) turn to CBM to address SOC audit needs.

Philadelphia SOC Experience

Our firm provides SOC reports to Philadelphia PA 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 Philadelphia

Philadelphia is the 6^th largest city in the U.S. and the largest city in Pennsylvania. Often referred to as the City of Brotherly Love, the name comes from the combination of two Greek words for love (phileo) and brother (adelphos). Aside from this, the city is rich with several important national historical sites and cultural locations. Philadelphia is home to the Liberty Bell Center, Valley Forge National Historical Park, Philadelphia Zoo, and Independence Hall. The area is home to more than 5,600 manufacturing companies that employ over 190,000 workers. The top industries by employment include healthcare, retail trade, hospitality, business, and financial services. There are several loan programs available to local companies through the PIDC including Working Capital & Equipment, Capital Project, Contract Line of Credit, and Commercial Mortgage Loans. In addition, the city was recently ranked in the top 30 Best Places to Start a Business Globally.

Philadelphia 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 Philadelphia, PA

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 Philadelphia SOC Auditors

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