SOC 2 Audits – Jackson (MS)
SOC 2 Examinations
Jackson and Mississippi 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.
Jackson SOC 2 Audits
McKonly & Asbury provides SOC audits to companies in Jackson, Mississippi, 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 is applicable 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 Jackson (MS)
About Jackson (MS)
The Jackson business community is a dynamic and evolving ecosystem that plays a vital role in driving economic growth, fostering innovation, and enhancing the quality of life in Mississippi’s capital city. With its rich history, cultural heritage, and strategic location, Jackson offers a diverse range of industries and opportunities for businesses to thrive.
One of the defining features of the Jackson business community is its diverse economy. The city is home to a wide array of industries, including healthcare, education, government, manufacturing, transportation, and professional services. Healthcare is a prominent sector in Jackson, with renowned medical centers and hospitals providing high-quality care to residents and drawing patients from across the state and beyond. The presence of medical facilities, research institutions, and pharmaceutical companies contributes to the local economy and creates job opportunities in the healthcare sector.
Furthermore, Jackson’s strategic location serves as a transportation hub for the state, with major highways and railways intersecting in the city. This advantageous positioning facilitates commerce and logistics, making Jackson an attractive destination for distribution and supply chain operations. The city’s transportation infrastructure also supports manufacturing and industrial sectors, contributing to employment and economic growth.
McKonly & Asbury provides SOC 2 Audit services remotely to businesses in Jackson from our Pennsylvania office locations. Interested in learning more about the SOC 2 audit services offered to companies in Jackson and Mississippi. Complete the form below and we will follow up with you shortly.