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SOC 2 Audits – Boise (ID)

SOC 2 Examinations

Boise and Idaho business owners need to ensure sensitive data is protected, especially when it comes to the financial and personal identification information (e.g. social security numbers) of customers and clients. Ensuring there are robust internal controls and cybersecurity policies and practices in place to protect against a breach is essential. Increasingly, many clients and customers are asking their vendors for a Systems Organization Control (SOC 2) Audit Report as a condition for doing business with them, or, in the case of contract renewals, continuing these relationships. A SOC 2 Report is an opinion on the effectiveness and design of an organization’s internal controls that meet the AICPA Trust Services Criteria. In essence, it is a statement verifying the effectiveness of an organization’s risk management efforts to protect the information of its customers and clients.

Boise SOC 2 Audits

McKonly & Asbury provides SOC audits to Boise, Idaho, and beyond companies. Typically, we work with organizations that use or store sensitive financial and personal data that cybercriminals want. Our clients include data centers, loan servicing companies, insurance companies, medical claims processors, and payroll providers. Broadly, any 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 and their customers’ reporting needs before determining the type of SOC report that applies to them. There are two types of SOC 2 audits:

• SOC 2 Type I – A SOC 2 Type I report is an opinion on management’s description of a service organization’s system and the suitability of their design of controls that meet the AICPA’s Trust Service Criteria for Security. It can also address Availability, Processing Integrity, Confidentiality, and/or Privacy, depending on your customers’ requirements. The report comprises the auditor’s opinion, management’s assertion on the presentation and design of the controls, a description of the service organization’s systems and controls, and a listing of the organization’s controls. The SOC 2 Type I audit report differs from the SOC Type II in that the former covers ONLY the suitability of the design and addresses ONLY at one specific point in time.
• SOC 2 Type II – A SOC 2 Type II report is an opinion on management’s description of a service organization’s system and the suitability of the design and operating effectiveness of controls that meet the AICPA’s Trust Service Criteria for Security. Similar to a SOC 2 Type I, this report can also address Availability, Processing Integrity, Confidentiality, and/or Privacy, depending on the requirements of your customers. A SOC 2 Type II audit report contains the same core components as a Type I, but Type II is expanded to include the procedures used by the auditor to test the stated controls and the results of such tests over a defined period, rather than a single point in time.

Map of Boise (ID) – 83701

About Boise (ID)

The business community in Boise, Idaho, stands as a testament to the city’s evolving economic landscape, blending traditional industries with innovative ventures to create a vibrant, dynamic ecosystem. Nestled within the picturesque backdrop of the Pacific Northwest, Boise has long been known for its rich agricultural roots. Still, in recent years, it has burgeoned into a hub for technology, healthcare, and entrepreneurship, marking a significant transformation in its economic identity.

Historically, Boise’s economy was heavily reliant on natural resources, agriculture, and the presence of large corporations such as the J.R. Simplot Company, which played a pivotal role in the city’s development. These industries laid the foundation for economic stability and growth, setting the stage for the following diversification. The city’s economic landscape began to shift with the emergence of technology and science sectors, spearheaded by companies like Micron Technology, which established Boise as a semiconductor manufacturing and research center. This technological renaissance was further bolstered by the presence of Hewlett-Packard’s large campus, underlining Boise’s growing reputation as a tech-friendly city.

McKonly & Asbury provides SOC 2 reports to companies across the US including those located in Atlanta (GA), Boise (ID), Chicago (IL), Cleveland (OH), Dallas (TX), Denver (CO), Detroit (MI), Houston (TX), Indianapolis (IN), Las Vegas (NV), Little Rock (AR), Milwaukee (WI), Minneapolis (MN), Nashville (TN), Orlando (FL), Omaha (NE), Phoenix (AZ), Portland (OR), Richmond (VA), St Louis (MO), San Diego (CA), Santa Fe (NM), Seattle (WA), Tulsa (OK), and Wichita (KS).