Systems and Organization Control (SOC) Reports

SOC Reports

Systems and Organization Control (SOC) Reports under SSAE 18 and Trust Services

Your organization's control environment plays a critical role in protecting your clients' sensitive financial and information security data. When asked to demonstrate additional assurance on how your controls function, you'll need a provider on which you can rely.

To help your organization address scrutiny, MHM* offers a full range of Systems and Organization Control (SOC) report services. From SOC 1 under SSAE 18 and SOC 2 and SOC 3 under Trust Services, we provide the SOC reporting on which you can rely. Having an independent assessment of your internal control’s design, implementation, and function can offer your clients the insight they need for financial reporting and risk management.

SOC Services

If you want to gain a competitive edge and offer your clients peace of mind, electing to undergo SOC reports proactively is beneficial for both parties involved. No matter the source of your request, partnering with MHM* will provide you with the national resources and technical expertise you need to address it in a timely, cost-effective manner. You will have access to:

  • SOC 1 Reports: Receive a comprehensive evaluation of your organization’s controls over financial reporting.
  • SOC 2 & 3 Reports: Gain a thorough analysis on how well your organization secures and protects customer data.

Audit rates for those making less than $400,000 annually hit historically low levels in 2018 and will be used as the benchmark for maximum audit rates for that group “for at least several years,” IRS Commissioner Daniel Werfel said.

Despite no substantial changes to the Criteria, the newguidance may provide valuable insights and assistance when implementing SOC 2controls, ensuring a smoother process and a more efficient and effective audit.

As much as we want tobelieve that everyone in the not-for-profit field is altruistic and passionateabout their organization's mission, the reality can be more complicated.

Scott Woznicki

Managing Director

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    *CBIZ is a business consulting, tax and financial services provider and works closely with MHM (Mayer Hoffman McCann P.C.), an independent CPA firm providing audit, review and attest services.  CBIZ and MHM are members of Kreston International, a global network of independent accounting firms.