Compliance Glossary

SOC 2 is a type of audit that assesses the controls of a service organization relevant to the security, availability, processing integrity, confidentiality, and privacy of the service organization’s systems. The purpose is to evaluate the controls pertinent to these five trust services criteria and assure that the controls operate effectively. The service organization’s clients and auditors use the audit report. 

An independent accounting firm conducts a SOC 2 audit, following the standards set by the American Institute of Certified Public Accountants (AICPA). Demonstrating effective controls helps you build trust with clients and shows commitment to maintaining its systems’ security, availability, processing integrity, confidentiality, and privacy.