What’s the timeline for getting our SOC2 report?

The timeline for getting your SOC 2 report can range from a few weeks for a type 1 report to over a few months or a year for a type 2 report. It all depends on several factors including the type of report you want, scope of your assessment, TSCs you have chosen, and the organization’s control readiness.

Preparation phase

The preparation phase involves getting your organization ready for the audit. In the case of a SOC 2 type 1 report, the preparation involves ensuring that the required controls are in place and ready for assessment. For SOC 2 type 2, the preparation also involves establishing or refining controls based on gap analysis, gathering evidence, and conducting internal audits. The most time-consuming activities are related to People Ops and HR, particularly the employees going through and accepting policies and reporting the status.

Consequently, it would normally take 2 to 4 weeks for a type 1 attestation, while a type 2 attestation can range between 4 weeks to several months depending on the organization’s security maturity.

Audits

A SOC 2 type 1 audit takes between 1 and 2 weeks after which the auditor compiles the findings into a final report. The entire process can take a month.

A SOC 2 Type 2 audit is more comprehensive and reviews the effectiveness of your controls over a period of 3-12 months. After the observation period, the auditor reviews control efficiency and prepares the final attestation report. Therefore, from the beginning of the observation period to the final delivery of the SOC 2 Type 2 report, it can take anything from a few months to over a year.

Additionally, if any issues are identified during the audit, you may need another few weeks to carry out remediation activities. With the right preparation, this can be minimized. Tools like Sprinto help you get audit-ready with accurate and reliable controls in weeks instead of months because of the automation and 1:1 implementation guidance that the platform offers.