Richmond SOC Audits – Richmond (VA)

System & Organization Control (SOC) Audits – Richmond (VA)

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 Richmond (VA) turn to CBM to address SOC audit needs.

Richmond SOC Experience

Our firm provides SOC reports to Richmond area 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 Richmond

Richmond is the 5^th largest city in Virginia and is the capital of the state. It is often referred to as the River City due to the cultural significance of the James River, which it was founded upon. In addition, Richmond is home to the preserved history of the Civil War, featuring historic sites such as Chickahominy Bluff, Cold Harbor Battlefield, and Fort Brady. The city employs more than 115,000 workers and features an unemployment rate of 2.8%. The area’s leading industries include advanced manufacturing, advertising, financial services, insurance, and real estate. Furthermore, there are six Fortune 500 companies based in the city including CarMax, Performance Food Group, and Genworth Financial.

Richmond 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 Richmond, VA

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 Richmond SOC Auditors

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