SOC 2 Examinations – Columbia (SC)
SOC 2 Audits – Columbia (SC)
SOC 2 Examinations
Columbia and South Carolina 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.
Columbia SOC 2 Audits
McKonly & Asbury provides SOC audits to companies in Columbia and South Carolina and beyond. 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, payroll providers, and more. 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 along with their customers’ reporting needs prior to determining the type of SOC report that applies to their needs. 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 the requirements of your customers. The report is made up of 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 Columbia (SC) – 29044
About Columbia (SC)
Columbia, the capital city of South Carolina, has a diverse and growing business community that spans a range of industries. Here are some of the most prominent sectors:
- Government: As the state capital, Columbia is home to many government agencies, including the state government, federal government, and the University of South Carolina.
- Healthcare: Columbia is home to several major hospitals, medical centers, and research institutions, including Palmetto Health and Providence Hospital.
- Manufacturing: Columbia has a strong manufacturing sector, with companies specializing in aerospace, automotive, and pharmaceuticals, among other areas.
- Education: Columbia is home to several colleges and universities, including the University of South Carolina and Midlands Technical College, which support a thriving education industry.
- Technology: Columbia has a growing technology sector, with many startups and established companies in fields such as software development, cybersecurity, and biotech.
Overall, the business community in Columbia is known for its collaboration, innovation, and commitment to community development. The city is a hub of activity for many industries, with a strong entrepreneurial spirit and a supportive environment for small businesses.
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National Reach
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).