SOC 1 Examinations
When your services impact your clients’ financial reporting, a SOC 1 examination helps demonstrate that your controls are structured, reliable, and effectively designed. Whether you’re responding to audit requests, due diligence inquiries, or internal governance needs, a SOC 1 report shows you’re prepared.
At Insight Assurance, we perform independent SOC 1 examinations to evaluate how well your internal controls support accurate financial reporting. Our reports help build stakeholder trust, reduce audit friction, and identify opportunities for control enhancement.
What Is a SOC 1 Examination?
A System and Organization Controls (SOC) 1 examination is an independent audit that evaluates how well your internal controls support financial reporting accuracy, based on standards issued by the AICPA. It focuses on the processes and systems that service organizations use to support their clients’ financial statement preparation.
There are two types of SOC 1 reports:
- Type I: Describes your system and evaluates whether controls are suitably designed at a specific point in time.
- Type II: Evaluates both the design and operating effectiveness of those controls over a defined period of time.
These reports are intended for user auditors and user entities that rely on your services when preparing financial statements.
Why Get a SOC 1 Report?
If your organization performs services that impact your customers’ financial reporting, a SOC 1 report isn’t just helpful — it’s often expected.
Key Benefits:
Stakeholder Confidence
Demonstrate transparency and reliability in your financial reporting, building trust with clients, auditors, and regulators.
Risk Reduction
Identify and address control deficiencies that could lead to reporting errors, fraud, or compliance issues.
Regulatory Alignment
Support adherence to industry standards and regulatory requirements related to financial reporting controls.
Competitive Advantage
Show commitment to financial integrity with a third-party audit that can differentiate your organization during procurement and due diligence.
Our SOC 1 Examination Services
Insight Assurance performs SOC 1 examinations through a streamlined, independent process designed to support both Type I and Type II reporting. Our services may include:
- Evaluation of control design and supporting documentation
- Control testing over a determined period (for Type II reports)
- Interviews with key personnel
- Walkthroughs of control processes
- Issuance of a SOC 1 Type I or Type II report
Why Choose Insight Assurance?
We deliver independent SOC 1 examinations with technical depth, clear communication, and a streamlined process led by our in-house audit team.
Big 4 Expertise
Our team brings deep experience without the complexity of a big audit firm.
Global Reach
We support businesses across North America, Europe, and APAC.
AI-Enhanced Workflows
Our team leverages technology to accelerate audit processes.
Clear Reporting
We deliver findings in actionable language without confusing jargon.
Get Started with a SOC 1 Examination
Demonstrate your commitment to trusted financial reporting with an independent SOC 1 examination from Insight Assurance.