Achieve Your Cybersecurity and Compliance Goals with Our Tailored Audit and Advisory Solutions
As a licensed CPA firm, we can serve as your trusted compliance and assurance partner and help you build digital trust with your stakeholders.
Our Solutions
SOC 1 Audit
Assurance on internal controls over financial reporting (ICFR), in the form of internal controls that are grouped together to support defined control objectives, which are designed by the organization to secure and control information.
SOC 2 Audit
Assurance over internal controls based on categories defined by the AICPA. These categories are the five Trust Services Criteria reporting domains:
Security (minimum for SOC 2 reports), Availability, Processing Integrity, Confidentiality, and Privacy.
End-to End Comprehensive Cybersecurity Audit
A novel audit approach that combines an agreed-upon-procedure (AUP) assurance project, focused on industry leading cybersecurity frameworks, with a traditional SOC 2 audit, to provide an industry leading level of assurance over your information systems risk posture from both external and internal threats.
Strategic Risk Advisory, SOC readiness, Data Privacy and CMMC Services
Strategic advisory services to help companies optimize their internal controls related to their information systems and data protection practices, for enhanced operational efficiency and security.
We are proud to provide leading advisory services within the following areas to rapidly prepare companies for compliance: SOC 1, SOC 2, internal controls, IT general controls (ITGCs), data privacy, ISO 27001, HITRUST, Center for Internet Security (CIS), and CMMC readiness.
Looking for a SOC Audit Report?
How to Choose the Right One, Based on Your Needs.
SOC Audit Reports At A Glance
SOC reports help organizations demonstrate their commitment to internal controls, related to the design and effectiveness of specific financial reporting control objectives (SOC 1), or Trust Services Criteria (security at a minimum), designated by the AICPA to report on the suitability of the design and operating effectiveness of the defined controls (SOC 2).
How Do I Choose Which SOC Report is Right For Our Company?
The specific control objectives, or trust services criteria, vary based on the type of SOC report required by the organization for use by its end-user customers. There are three categories of SOC reports, although the first two types are the most commonly requested.
SOC 1 (Financial Reporting Focused)
SOC 1 reports provide assurance on the specific internal controls in place at a service organization that are relevant to a user entity’s financial reporting processes (ICFR). These focus on internal controls designed to mitigate risks related to the preparation of financial statements, for organization's whose system supports their end-user clients' financial reporting process.
SOC 2 (Security, Availability, Processing Integrity, Confidentiality, and Privacy Focused)
Evaluates controls that fall into categories defined by the AICPA, and can be grouped into five primary Trust Services Criteria: Security (minimum a for SOC 2), Availability, Processing Integrity, Confidentiality, and Privacy. These reports provide assurance that the organization operates suitable internal controls to protect its clients' sensitive data, in addition to providing service availability, integrity of processed data, confidentiality, and data privacy, based on the needs of its end-user clients.
SOC 3 (Public Summary of Controls Focused)
Provides a higher level summary of an organization’s internal controls, intended for a more general audience, beyond its key-user base, and may be provided for public distribution. These reports are intended for a broader audience and provide a high-level overview of the service organization’s controls, without the detailed controls listing or testing results.
What Type of SOC Audit Report Do We Need - Type 1 or Type 2?
What Are These Types of SOC Audit Reports and How Do They Differ?
SOC Audit Report Variations, Type 1 vs Type 2
A SOC 1 or a SOC 2 report can be issued in two different types. The type of report provides the user with an understanding of the scope of internal controls testing performed by the audit firm, and whether it covers the controls as of a point in time, or the operating effectiveness of the controls over an audit period.
Type 1 SOC Report (Design Focused)
Assesses the design of internal controls at a specific point in time, which is called a test of internal controls design. These reports can demonstrate that your controls are properly designed and implemented, but does not provide assurance that the controls operated effectively over an audit period.
Type 2 SOC Report (Operating Effectiveness Focused)
Evaluates the operational effectiveness of internal controls over a period of time, called an audit period, and provides assurance that the controls operated effectively over the entire audit period. The type 2 SOC audit report thus provides a higher level of assurance than a type 1 SOC audit report (which covers controls design and implementation only).
Tailored Solutions Based On Your Business Operations
Alpha Secure seamlessly integrates its IT audit and advisory solutions with your business operations, ensuring a cohesive and streamlined approach to enhancing your information systems' security and resilience.
