SOC 1 reports retain the original purpose of SAS 70 reports in that they report on the system of internal control of a service organisation to the extent that it is relevant to the internal controls over the financial reporting of a user organisation.
Our SOC 1 report has many of the same elements as our SAS 70 Type II report, but includes a more formal management assertion letter. The report covers an independent and thorough investigation to confirm that the systems and processes are both appropriate and consistently applied over the period.
This accreditation can give you bottom-line benefits by avoiding costs and disruption when your parent company auditors need to check the systems and controls of one of your suppliers.
Even if this is not a requirement for you, our accreditation is testament to our commitment to providing you with the highest quality service. Being one of the few known UK firms to obtain this accreditation demonstrates that we are at the leading edge of providing such services to non-UK owned and managed businesses. It also shows that we treat security of your financial information as a key concern.