SOC 1 report
Information technology - standards.
A SOC 1 report covers Service Organisation Controls. These are internal controls that are likely to be relevant to an audit of a service organisation's customer's financial statements.
A SOC 1 report is written documentation of the relevant internal controls.
SOC 1 is divided into Type 1 and Type 2 reports.
- A Type 1 reports on a service organisation’s suitability of design of controls on a specific date
- A Type 2 reports on the effectiveness of the control design over a period of time.