SOC 2 Examinations – Reading (PA)

SOC 2 Audits – Reading (PA)

SOC 2 Examinations

Reading and Pennsylvania business owners need to protect sensitive data, especially regarding the financial and personal identification information (e.g. social security numbers) of customers and clients. Ensuring robust internal controls and cybersecurity policies and practices are 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.

Reading SOC 2 Audits

McKonly & Asbury provides SOC audits to companies in Reading, Pennsylvania 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.

Additional Healthcare Solutions

McKonly & Asbury also has extensive experience with HIPAA regulations. Learn more about how we can support your security and privacy needs on our HIPAA Compliance page.

Industry Involvement

SOC 2 FAQs

A SOC 2 audit evaluates your organization’s controls against the AICPA Trust Services Criteria framework over security, availability, processing integrity, confidentiality, and privacy. It ensures that your controls are effectively designed and operating to protect sensitive customer information.

Organizations that handle sensitive client data, such as SaaS providers, cloud service platforms, data hosting companies, and healthcare organizations, can benefit from a SOC 2 audit.

SOC 2 Type 1 evaluates the design of your controls at a specific point in time, while SOC 2 Type 2 assesses the design and operating effectiveness of these controls over a defined period (typically 6-12 months).

A SOC 2 audit demonstrates your commitment to data security, giving you a competitive edge. It helps attract new clients, strengthens relationships with existing ones, and assures your clients that their sensitive data is protected.

A SOC 3 audit covers the same criteria as a SOC 2 audit but results in a general-use report that is ideal for public visibility and marketing purposes, making it easier to share your security practices with a wider audience.

The team is very knowledgeable. They take the time necessary to ensure we are prepared before the audit and works very closely during and after.

Contour Data Solutions

Contact Us

McKonly & Asbury provides SOC 2 Audit services remotely to businesses in Reading from our Pennsylvania office locations. Interested in learning more about the SOC 2 audit services offered to companies in Reading and Pennslyvania. Complete the form below and we will follow up with you shortly.

About Reading (PA)

Reading, Pennsylvania, boasts a diverse and robust business community, with manufacturing, agriculture, and healthcare sectors playing pivotal roles in its economic landscape. The city is home to prominent manufacturing companies such as East Penn Manufacturing, Carpenter Technology, Ashley Furniture, and American Crane. The manufacturing sector is further bolstered by specialized programs and training centers, including the Berks Career and Technology Center, RACC Schmidt Training and Technology Center, and Reading Muhlenberg Career and Technology Center.

Supporting these industries are various resources and organizations dedicated to fostering business growth and development. The GRCA offers programs and services to assist businesses in building, growing, and thriving in Berks County. Additionally, the city provides resources for entrepreneurs, including office space and support through programs like Jump Start Incubator and Berks LaunchBox.

Overall, Reading’s business community is characterized by a blend of established industries and innovative initiatives, all contributing to the city’s economic vitality and growth.

National Reach

McKonly & Asbury also provides Systems Organization Control (SOC 2) Audit Reports for companies and businesses in the following locations: Allentown (PA), Burlington (VA), Charleston (WV), Detroit (MI), Fargo (ND), Houston (TX), Indianapolis (IN), Jackson (MS), Los Angeles (CA), Miami (FL), Newark (NJ), Philadelphia (PA), Richmond (VA), San Diego (CA), Stamford (CT), and Washington (D.C.).