BOSTON SOC REPORTS

It is important for service organizations to exhibit their commitment to internal controls.

SOC 2 Reports – Massachusetts

Boston (MA) companies that host applications (i.e., “service organizations”), may find themselves in need of a System and Organization Controls (SOC) report. As service organization customers are becoming increasingly savvy, they are commonly in need of a SOC report as a standard part of their vendor risk management process.  The problem is that most service organization customers don’t use the correct terminology and don’t truly understand what they need or are asking for. The service organization doesn’t know exactly what they need, but they know they need it now!

SOC reports are designed to help service organizations build trust and confidence in the service performed and in its controls through a report by an independent Certified Public Accountant (CPA). Each type of SOC report is designed to help service organizations meet specific user needs. In today’s market, service organizations must exhibit their commitment to internal controls, and a SOC report demonstrates that to their customers.

Boston SOC Reports
  • SOC 1 Report (Type 1 or Type 2)
    • A SOC 1 report is designed for financial transaction processing and is primarily used to validate controls over the completeness and accuracy of monetary transactions and financial statement reporting

 

  • SOC 2 Report (Type 1 or Type 2)
    • A SOC 2 report is designed to provide detailed information and assurance about the controls at a service organization relevant to the “trust services criteria,” including the security, availability and processing integrity of the systems it uses to process users’ data and the confidentiality and privacy of the information processed.

 

  • SOC 3 Report
    • A SOC 3 report covers the same testing procedures as a SOC 2 report, but it omits the detailed test results and is intended for general public distribution.
Boston SOC Audit Experience

Moore Colson, an Atlanta-based firm, provides SOC report audits to companies in Boston and across Massachusetts. Our team has been providing SOC readiness and assurance services for over 25 years.  Our diverse range of experience permits us to more easily understand a company’s risk profile, areas of exposure, and important testing variables. This makes the SOC auditing process more effective and efficient, focusing on the most critical areas of vulnerability.

Map of Boston (MA)

Contact Our Boston SOC Auditors

Moore Colson provides SOC 1, SOC 2, and SOC 3 audits to companies in Boston and across Massachusetts. If you are interested in learning how we can assist your organization from readiness through Type 2 attestation, complete the form below and a team member will follow up with you promptly.

About Boston (MA)

Education is at the heart of Boston’s identity, and the city’s academic institutions are integral to its business landscape. Harvard University, the Massachusetts Institute of Technology (MIT), and Boston University are just a few of the world-class universities that call Boston home. These institutions not only drive research and innovation but also serve as a talent pipeline for the city’s businesses, particularly in fields like technology, healthcare, and biotechnology.

Innovation is a driving force in Boston’s business community. The city’s thriving startup ecosystem, anchored by innovation hubs like Kendall Square, has garnered international recognition. Boston’s biotechnology and life sciences sectors, in particular, have seen remarkable growth, with biotech firms and pharmaceutical companies conducting groundbreaking research and development.

The healthcare sector is a powerhouse in Boston, with renowned medical centers such as Massachusetts General Hospital and Boston Children’s Hospital leading the way. The city’s commitment to medical research and patient care has not only earned it a reputation for excellence but has also contributed significantly to its economy.