NDNB provides annual SOC 1 SSAE 18 Type 1 – and Type 2 – reporting for Washington DC, Maryland, and Northern Virginia businesses. If you’re a service organization in the greater WDC area and are providing critical outsourcing services to other entities, then SOC 1 SSAE 18 – or SOC 2 compliance – may come knocking. As the region’s leading provider of regulatory compliance services, NDNB offers competitively priced fixed-fees, high-quality audit services, along with numerous supporting tools.Comprehensive Audit Solutions – SOC 1, SOC 2 and more – Fixed Fee Pricing
As for beginning your march toward SOC 1 SSAE 18 Type 1 – or Type 2 – compliance, NDNB offers the following helpful subject matter for Washington DC, Maryland, and Northern Virginia businesses:Assess and Confirm Audit Scope: The duration, complexity, and overall cost of the audit is directly related to the overall scope. Specifically, are you assessing your entire business functions, or just a specific business unit or process? This needs to be determined early on. Remember to speak with clients and prospects, as they are ultimately driving compliance mandates, and therefore will have excellent insight as to the scope of your report.
Do you have ICFR Considerations? What’s ICFR – a question we’re often asked – it stands for Internal Controls over Financial Reporting and here’s how it works. If you’re a service organization providing services to your clients – for which such services can impact their financial reporting each year – then the controls around such services, which are ICFR driven – should be assessed during the SOC 1 SSAE 18 audit.