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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:
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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.