RAM Associates have an experience of providing auditing service to non-public companies since 1983. Our System and Organization Control (SOC) Audit service is guaranteeing you the best available service in the industry. No matter if you have a small, medium or large business or industry we would find the most appropriate SOC report which would keep a transparent relation between you and your customers and auditors.
We are well equipped to provide and issue SOC 1, 2, 3 or SOC Cyber assurance and provide report with AICPA attestation. As we have certified experts to work for this we can assure you the quality of work.
- SOC 1:- It provides focus on control over financial reporting. These reports are prepared in accordance with knowledgeable parties in the service organization and user entity.
There are two types of formatting of these reports:-
- Type 1 Report: – In this report we have the system description, implementations or control and design.
- Type 2 Report: – In this report we have the system description, operating effectiveness of control and design.
Both the reports include management assertion.
- SOC 2: – These reports are made purposefully to meet the needs of a wide range of users that need brief information and clarification about the controls at a service organization related to security, and processing integrity of the systems the service organization uses to process users data and the confidentiality and privacy of the information processed by these systems. These reports can play vital role such as:
- Oversight of the organization
- Vendor management program
- Internal corporate governance and risk management process
- Regulatory oversight
- SOC 3: – These reports are specifically designed for the users who need assurance of control at a service organization related to availability, security, privacy, processing integrity confidentiality but they do not have the need or knowledge for the effective use of the SOC 2 report. SOC 3 report and that could be distributed freely and is for general use.