Notes Introduction SOC 1, or System and Organization Control 1, is a report that verifies an organization’s internal controls for financial reporting. SOC 1 reports are often provided to customers, their auditors, and the service organizations themselves. SOC 1 reports are important for businesses that: Handle financial or non-financial information for clients Interact with financial information […]
Notes Introduction SOC 1, or System and Organization Control 1, is a report that verifies an organization’s internal controls for financial reporting. SOC 1 reports are often provided to customers, their auditors, and the service organizations themselves. SOC 1 reports are important for businesses that: Handle financial or non-financial information for clients Interact with financial information […]