SOC 3
SERVICES

"Sarbey, Lexow & Kaufman has been a trusted business advisor to me and our companies throughout the years. They have provided a variety of services, from corporate tax consulting and compliance to internal audit outsourcing and have even assisted with personal tax planning. They’ve always demonstrated a commitment to client service and continue to be valued members of the team."

- Salomon Srendi, Ocean Azul Partners

WHAT ARE SOC 3 REPORTS?

SOC 3 SERVICES

"Sarbey, Lexow & Kaufman has been a trusted business advisor to me and our companies throughout the years. They have provided a variety of services, from corporate tax consulting and compliance to internal audit outsourcing and have even assisted with personal tax planning. They’ve always demonstrated a commitment to client service and continue to be valued members of the team."

- Salomon Srendi, Ocean Azul Partners

WHAT ARE SOC 3 REPORTS?

DOES MY ORGANIZATION NEED A SOC 3 REPORT?

If your organization is providing, or plans to provide, services to other large businesses, expect to receive requests for a controls report. Therefore, we recommend reviewing your organization’s business strategy to determine if a SOC report is an appropriate investment for your future client base or an initiative to differentiate your organization from your competition. In addition, if you currently have a SOC 1, you may receive requests to provide a SOC 2 or SOC 3 as well, to demonstrate controls to protect your client’s data.

WHAT ARE THE DIFFERENT TYPES OF SOC 3 REPORTS?

Type 1 reports on the fairness of the presentation of management’s description of the service organization’s system and the suitability of the design of the controls to achieve the related control objectives included in the description as of a specified date.

Type 2 reports on the fairness of the presentation of management’s description of the service organization’s system and the suitability of the design and operating effectiveness of the controls to achieve the related control objectives included in the description throughout a specified period.