SOC® 1 Examination

Strengthen your customer’s confidence in your service organization.

A report for those service organizations that have direct or indirect impact on a user entity’s financial reporting, a SOC (System and Organization Controls) examination reports on the controls at your company (the service provider/service organization) as they are relevant to your clients’ internal controls over financial reporting.

Organizations in need of a SOC 1 assessment include payroll companies, debt collectors, and even data centers.

360 Advanced SOC 1 Reports

SOC 1 Readiness Assessment

This overview is designed to help the service organization prepare for the examination by identifying deficiencies, gaps, and other areas warranting attention, along with coaching so management can understand their options to repair them.

SOC 1 Type 1 Examination Report

A SOC 1 Type 1 report expresses an opinion on the design of the system of controls placed into operation as of a point in time. Simply put, this report assures your clients and their financial statement auditors that your system has been accurately depicted, the stated controls are sufficiently designed, and they are expected to fulfill your financial reporting control objectives.

SOC 1 Type 2 Examination & Report

A SOC 1 Type 2 report expresses an opinion on the design and operating effectiveness of controls over financial reporting over a specific (historical) period of time. This is most typically a twelve-month period. Thus, this report incorporates an additional step that 360 Advanced tests the controls and shares the results of those tests.

Controls Typically Assessed in a SOC 1 Examination

Control Environment
Physical Security
Environmental Security

Change Management
Information Security
Backups and Restoration Processes
Systems Availability

Data Communications
Job Scheduling
Transaction Processing

Learn More about an Integrated Compliance Strategy with our Guide

Integrating your compliance needs into one strategy can save your business time and money. Download our free guide to find out how.

Begin your SOC Examination today!

Looking for support with SOC 1, SOC 2 or SOC3? We’re here for you!
Fill out the contact form, and within 24 hours, our team will provide the expert guidance you need.

360 Cyber Resources

Explore a wealth of knowledge in our client stories, insightful blogs, cutting-edge white papers, and the latest press releases—your gateway to a repository of expertise and industry insights.