SOC 1 Examinations – Los Angeles (CA)
SOC 1 Audits – Los Angeles (CA)
SOC 1 Examinations
Los Angeles and California 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.
Los Angeles SOC Audits
McKonly & Asbury provides SOC audits to companies in Los Angeles and California. 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 Los Angeles (CA) – 90017
About the Los Angeles (CA) Business Community
The business community in Los Angeles, California, is one of the most diverse and dynamic in the world, driven by its status as a global hub for industries like entertainment, technology, manufacturing, and international trade. As the heart of the entertainment industry, LA is home to major film studios, television networks, music labels, and a thriving creative sector that continues to attract talent and investment. Beyond entertainment, Los Angeles has a rapidly growing tech scene, with an increasing number of startups and established tech giants in fields like digital media, artificial intelligence, and cybersecurity. The city’s economy is also supported by a significant manufacturing base, with industries such as aerospace, apparel, and food processing playing key roles. Additionally, Los Angeles is a critical player in global trade, thanks to its massive ports and logistics infrastructure, making it a key center for international business and commerce. The city’s diverse population and strong educational institutions contribute to a skilled workforce, further enhancing its business appeal. Despite challenges like high costs of living and housing, LA remains a magnet for entrepreneurs and businesses, offering unparalleled access to global markets, innovation, and cultural influence. The area codes used in Los Angeles (CA) are 213, 323, 424, 747, 818, and 626.
Contact Us
McKonly & Asbury provides SOC 1 Audit services remotely to businesses in Charlotte from our Pennsylvania office locations. Interested in learning more about the SOC 1 audit services offered to companies in Los Angeles and California? 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), Memphis (TN), Miami (FL), New Orleans (LA), New York City (NY), Portland (OR), Richmond (VA), Salt Lake City (UT), and Seattle (WA).