SOC 3 Examinations

SOC 3 - Trust Services Report for Service Organizations. SOC 3 examinations are designed to meet the needs of users that desire assurance about the controls at a service organization that cover the same five principles as the SOC 2, but do not have the need for or the knowledge necessary to make effective use of the details contained in a SOC 2 Report. Because they are general use reports, SOC 3 reports can be freely distributed or posted on a website.

Click here to read about the other types of SOC examinations and the overall SOC Practice at Schneider Downs.

case studies

 
big problem:
Ransomware attack halted a global manufacturer's operations.
big thinking:
Recover and secure the system – fast – save $1 million in ransom.
 
big problem:
A not-for-profit client out of 401(k) compliance.
big thinking:
Allowing more contributions by highly paid employees.

our thoughts on

Five Questions to Assist With Identifying SOC Report Scope

The SOC reporting process can start with an organization’s desire to communicate to customers and potential customers that the organization’s

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SOC 2 Reports: Common Control Exceptions and How to Avoid Them

In performing SOC 2 examinations, we often come across the same types of control exceptions. To assist organizations with avoiding these exceptions, we’ve

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SOC 2 Examinations - What Are the Trust Services Criteria and Categories?

The 2017 Trust Services Criteria (TSC), which superseded the 2016 Trust Services Principles and Criteria (TSPC), serves as the control criteria for attestation

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How to Decide if a Type 1 or Type 2 SOC Report is Right for Your Organization

In a previous article, we described the differences between SOC 1 reports and SOC 2 reports. Once an organization decides to pursue a SOC 1 or SOC 2 report,

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SOC Report Refresher: What Are the Different Types of SOC Reports?

The rise of cloud computing has played a key role with businesses that outsource certain functions to service organizations. Since such organizations are

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