Assured Compliance: SOC
In today’s business environment, service organizations face increasing pressure to prove they are trustworthy partners. To win and retain clients, they must demonstrate that their operations are compliant, ethical, and secure—backed by robust controls that protect customer data and uphold regulatory requirements.
SOC 1 and SOC 2 reports—governed by the American Institute of Certified Public Accountants (AICPA) and issued by independent CPAs—provide a trusted way to communicate this assurance. These reports validate that your organization’s systems safeguard the accuracy of financial transactions, protect the security, availability, and confidentiality of customer information, and maintain effective cybersecurity measures.
At LerroSarbey, our team brings deep expertise, flexibility, and responsiveness to guide you through every stage of your SOC engagement. We combine years of auditing, business, and technical experience to help you navigate the complexities of designing, implementing, and reporting on your controls. By getting to know your organization and its goals, we deliver tailored, value-driven solutions that help strengthen trust and support your long-term success.
System & Organization Control Solutions (SOC)
Demonstrates your organization's dedication to data security, fostering trust with clients and partners.
Sets your organization apart in the marketplace by showcasing a commitment to high security standards.
Helps meet industry-specific regulatory requirements, reducing the risk of penalties and reputational damage.
Identifies areas for process enhancements, leading to increased efficiency and effectiveness.
Demonstrates to customers that your systems are reliable and aligned with key financial control objectives.
SOC 1 Compliance Services
Strengthen Financial Integrity and Client Assurance with SOC 1 Compliance
In an environment where financial transparency and internal controls are critical, SOC 1 compliance serves as a foundational trust marker. Our SOC 1 assessment services help your organization validate the design and effectiveness of internal controls related to financial reporting—giving your clients the assurance they need and reinforcing your commitment to operational excellence.
What is SOC 1?
SOC 1 (System and Organization Controls 1) is a framework developed by the AICPA focused on controls relevant to user entities’ financial reporting. It is especially critical for service organizations that provide outsourced functions affecting their clients’ financial statements. A SOC 1 report demonstrates that your organization has the appropriate safeguards in place to manage financial data reliably and securely.
SOC 2 Compliance Services
Build Trust and Demonstrate Commitment to Data Security with SOC 2 Compliance
In today’s digital landscape, ensuring the security and privacy of client data is paramount. Our SOC 2 compliance services are designed to help your organization showcase its dedication to protecting sensitive information, thereby building trust with clients and stakeholders.
What is SOC 2?
SOC 2 (System and Organization Controls 2) is an auditing standard developed by the American Institute of Certified Public Accountants (AICPA). It evaluates an organization’s information systems relevant to security, availability, processing integrity, confidentiality, and privacy. Achieving SOC 2 compliance demonstrates that your organization has implemented effective controls to safeguard data.
SOC Reporting
- SOC 1 Report – Focuses on internal controls over financial reporting.
- SOC 2 Report – Focuses on security, availability, processing integrity, confidentiality, and privacy for limited distribution to a service organization’s customers.
- SOC 3 Report – Focuses on security, availability, processing integrity, confidentiality, and privacy, but is designed for public distribution. SOC for Cybersecurity Report – Focuses on the effectiveness of cybersecurity risk management programs.
- SOC for Cybersecurity is a risk reporting framework that establishes common criteria and guidelines for communicating about an organization’s cybersecurity risk management program. It enables organizations to report on their cybersecurity management programs to internal and external stakeholders with the credibility associated with an independent examination report.
- LerroSarbey’s years of specialization and experience will help you arrive at the best reporting option for your specific situation. Regardless of your organization’s size or industry or your SOC business requirements, our SOC readiness and reporting services can help your organization:
- Identify and address inefficiencies in your system of controls.
- Mitigate risks that could negatively impact your organization.
- Meet compliance requirements.
- Differentiate your organization from competitors.
- Satisfy requests from customers for independent validation of controls.
Our SOC 1 Services
SOC 1 Readiness Assessment
Before you undergo a formal SOC 1 engagement, our readiness assessment evaluates your control environment, identifies any deficiencies, and provides strategic guidance for remediation. This process ensures you’re well-prepared and reduces the likelihood of exceptions.
SOC 1 Type I Report
This report assesses the design and implementation of your controls at a specific point in time. It provides a snapshot of whether your systems are suitably designed to meet control objectives relevant to financial reporting.
SOC 1 Type II Report
A Type II report goes a step further by assessing the operational effectiveness of your controls over a defined period—typically six to twelve months. It provides stronger assurance to clients and stakeholders that your internal controls are functioning as intended over time.
Why Choose Our Firm?
Expert-Led Engagements: As a Risk Advisory leader within a CPA firm, we bring deep technical knowledge and industry context to every engagement.
Tailored Methodology: We customize our assessment strategy based on your specific services, systems, and client impact areas.
Streamlined Experience: With efficient engagement tools and proactive communication, we minimize disruption and maximize insight.
Long-Term Partnership: Our services extend beyond the report—we provide continued advisory support to help you evolve your control environment as your business grows.
Benefits of SOC 1 Compliance
Client Assurance: Demonstrates to customers that your systems are reliable and aligned with key financial control objectives.
Regulatory Alignment: Satisfies the due diligence needs of stakeholders, auditors, and oversight bodies.
Operational Insight: Identifies inefficiencies or control gaps, promoting continuous improvement.
Market Differentiation: Helps you stand out among competitors by validating the strength of your financial operations.
Get Started Today
Whether you’re undergoing your first SOC 1 assessment or looking to take the next step from a Type I to Type II, we’re here to support your compliance journey. Contact us to learn how our expert-led SOC 1 services can deliver value beyond the assessment.
Our SOC 2 Services
LerroSarbey provides end-to-end SOC 2 compliance solutions tailored to your organization’s needs:
SOC 2 Readiness Assessment
Before undergoing a formal SOC 2 engagement, our readiness assessment identifies gaps in your current control environment. We provide actionable recommendations to address these gaps, ensuring a smooth assessment process.
SOC 2 Type I Report
This report evaluates the design and implementation of your controls at a specific point in time. It provides assurance to clients that your systems are suitably designed to meet the relevant trust service criteria.
SOC 2 Type II Report
Extending beyond the Type I, the Type II report evaluates the operational effectiveness of your controls over a defined period, typically 6 to 12 months. It offers a comprehensive view of your organization’s commitment to maintaining robust data protection practices.
Why Choose Our Firm?
Expert-Led Engagements: As a Risk Advisory leader within a CPA firm, we bring deep technical knowledge and industry context to every engagement.
Tailored Methodology: We customize our assessment strategy based on your specific services, systems, and client impact areas.
Streamlined Experience: With efficient engagement tools and proactive communication, we minimize disruption and maximize insight.
Long-Term Partnership: Our services extend beyond the report—we provide continued advisory support to help you evolve your control environment as your business grows.
Benefits of SOC 2 Compliance
Enhanced Client Confidence: Demonstrates your organization’s dedication to data security, fostering trust with clients and partners.
Competitive Advantage: Sets your organization apart in the marketplace by showcasing a commitment to high security standards.
Regulatory Compliance: Helps meet industry-specific regulatory requirements, reducing the risk of penalties and reputational damage.
Operational Improvements: Identifies areas for process enhancements, leading to increased efficiency and effectiveness.
Get Started Today
Achieving SOC 2 compliance is a strategic move towards reinforcing your organization’s credibility and operational excellence. Contact one of our Risk Advisory professionals today to learn how our tailored SOC 2 services can help your organization achieve its compliance objectives.
Transform your financial strategy into a pathway to success with LerroSarbey.
As your strategic partners, we are committed to guiding you through the complexities. Our expertise in tax planning, compliance, and cutting-edge solutions ensures your financial goals are within reach.