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SOC 1 Examinations – Cleveland (OH)

SOC 1 Examinations

Silhouette of the State of OhioCleveland and Ohio business owners need to ensure sensitive data is protected, especially when it comes to financial and identification information (i.e. social security numbers) of customers.  Ensuring there are robust internal controls and cybersecurity policies and practices in place to protect against a breach is essential. In fact, many customers may expect to see a Service Organization Control (SOC) Audit report before doing business with a service provider. This audit verifies that the tools, processes, and procedures have been tested and are effective. Some may desire a SOC 1 audit, while others will obtain more value from a SOC 2 audit or SOC 3 audit. Whatever the desired level of assurance, it’s important to work with an experienced provider to drive the process.

Cleveland SOC Audits

McKonly & Asbury provides SOC audits to companies in Cleveland and across Ohio. Typically, we work with those that use or store sensitive financial and other data that cybercriminals may want. Some examples include data center companies, loan servicing companies, medical claims processors, and payroll companies. Broadly, any service organization that provides services to customers that directly impact the customer’s financial statements would be a candidate for such a report. Service organizations should evaluate their needs along with their customers’ reporting needs prior to determining the type of SOC report that is applicable to their needs. There are two types of SOC 1 audit, including:

  • SOC 1 Type I – These reports are defined as a report on the fairness of the presentation of management’s description of a service organization’s system and the suitability of the design of controls to meet the related control objectives. SOC 1 Type I examinations focus on the service organization’s system narrative, as well as the design effectiveness of the controls within the system, and are focused on the system and controls in place at a specific point in time.
  • SOC 1 Type II – These reports are defined as a report on the fairness of the presentation of management’s description of a service organization’s system and the suitability of the design and operating effectiveness of controls to achieve the related control objectives.  SOC 1 Type II examinations differ from the Type I examination since the reports include an opinion on the operating effectiveness of the controls, in addition to the design effectiveness covered in Type I.

Map of Cleveland (OH) – 44114

About the Cleveland (OH) Business Community

City of Cleveland OH Logo SealCleveland, Ohio, boasts a diverse and dynamic business community, with key sectors including healthcare, finance, manufacturing, and technology. The city is home to several Fortune 500 companies, such as Progressive Insurance, Sherwin-Williams, and KeyCorp, underscoring its prominence in the finance and manufacturing industries. Healthcare is a cornerstone of Cleveland’s economy, with institutions like the Cleveland Clinic, University Hospitals, and MetroHealth System serving as major employers and contributing significantly to the city’s economic landscape. In recent years, Cleveland has experienced a resurgence in its technology sector, fostering innovation and attracting startups. Organizations such as Entrepreneurs for Sustainability (E4S) have been instrumental in promoting sustainable business practices and supporting green startups, further diversifying the city’s economic base. The area codes used in Cleveland (OH) are 216, 440, and 436.

Industry Involvement

Contact Us

McKonly & Asbury provides SOC 1 Audit services remotely to businesses in Ohio from our Pennsylvania office locations. Interested in learning more about the SOC 1 audit services offered to companies in Cleveland and Ohio? Complete the form below and we will follow up with you shortly.


National Reach

McKonly & Asbury also provides SOC 1 Examinations for businesses and organizations at the following locations: Baltimore (MD), Boston (MA), Chicago (IL), Dallas (TX), Denver (CO), Indianapolis (IN), Las Vegas (NV), Los Angeles (CA), Memphis (TN), Miami (FL), New Orleans (LA), Portland (OR), Richmond (VA), Salt Lake City (UT), and Seattle (WA).