Service Organization Controls (SOC)
At FML, we have a strong background in understanding and auditing internal controls. This is the result of national firm experience of our audit partners and extensive Sarbanes-Oxley and public company auditing experience. Regardless the size of the client, we deliver exceptional service, open communication and flexibility as we provide the following SOC reports:
- SOC 1 / SSAE 16 – Reports on the system of internal control at a service organization relevant to user entities internal control over financial reporting.
- SOC 2 – Reports on service organization’s non-financial reporting controls as it relates to security, availability, processing integrity, confidentiality and/or privacy.
- SOC 3 – Similar to SOC 2, but the report can be distributed publicly and only reports if the entity has achieved the Trust Services criteria, rather than reporting detailed results.