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SOC™ Reporting Framework

Sikich

Aug 11 2015

1 min read

The SAS 70 reporting standard is no longer in effect for independent service auditor reporting. There is now a comprehensive framework of three Service Organization Control (SOC) reports from which to choose, depending upon the outsourced services provided and the needs of the “end users” of the report.

SOC Report Comparison

https://www.sikich.com/audit-accounting-tax/financial-reporting/soc/soc-reporting-framework

Which SOC Report is Right For You?

Deciding Between a SOC 2 and SOC 3 Report

This publication contains general information only and Sikich is not, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or any other professional advice or services. This publication is not a substitute for such professional advice or services, nor should you use it as a basis for any decision, action or omission that may affect you or your business. Before making any decision, taking any action or omitting an action that may affect you or your business, you should consult a qualified professional advisor. In addition, this publication may contain certain content generated by an artificial intelligence (AI) language model. You acknowledge that Sikich shall not be responsible for any loss sustained by you or any person who relies on this publication.

About the Author

Sikich

From accounting, tax and assurance to technology and advisory, Sikich offers a unique formula of professional services to businesses and organizations across the country. By pairing subject matter expertise with the real-world experience gained as entrepreneurial leaders, we provide clarity to your complex challenges and solutions to strengthen every dimension of your business.

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