SOC reporting is used by businesses to demonstrate their commitment to best practice security practices and operational excellence. 

And, as data breaches and cyber threats continue to rise, SOC reports can be a key differentiator by helping your business build trust, enhance your reputation, and drive growth. 
 
Not only does investing in SOC help you meet regulatory requirements and provide assurance over your internal controls, having evidence of the security and integrity of your data can boost your organization’s competitive advantage by building trust with your customers. And it will give your stakeholders peace of mind as many now require a SOC report as part of their supplier due diligence process before an engagement, or for their ongoing monitoring processes. 

How can we help

A Grant Thornton SOC report helps you respond to security audit requests quickly and easily, and will give your current and prospective customers the assurance they need that your business is committed to their security and privacy. 
Our SOC reporting capabilities will tell you the risks associated with your internal controls, and our experts can help you resolve them. 

Grant Thornton can also help you determine which SOC report is applicable to your business or client requirements; we’ll then conduct and certify the chosen SOC report. 

SOC 1 - SOC for Service Organisations: ICFR

If your organisation provides financial services, this audit report will cover the internal controls over your financial reporting and the integrity of your customer's financial reports. 

SOC 2 - SOC for Service Organizations: Trust Services Criteria 

This report is used by a range of service organisations that handle sensitive information. If this report applies to you, you will receive assurance over the systems you use to process data and that the customer information you have is private and secure.

SOC 3 - SOC for Service Organizations: Trust Services Criteria for General Use Report

This is a public report that shares the same scope as a SOC 2 report, but offers less detailed information. This means SOC 3 reports are suitable for general use and can be widely distributed. 

Hamish Bowen
Partner and National Director, Consulting
Hamish Bowen