NDB Announces Publication of SOC 2 Type 2 Compliance White Paper Covering 5 Critical Issues for Ensuring Auditing Success - kotanow.com- Scottsbluff Area News, Sports, and Weather

NDB Announces Publication of SOC 2 Type 2 Compliance White Paper Covering 5 Critical Issues for Ensuring Auditing Success

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SOC 2 Type 2 compliance is a hot topic these days, due in large part to the thousands of businesses in North America and around the globe having to comply with ever-increasing regulatory compliance mandates from customers and regulatory bodies. Its therefore highly important that organizations gain a sound understanding of the following 5 critical issues relating to SOC 2 Type 2 compliance as this greatly aids and facilitates the overall assessment process.

Atlanta, GA (PRWEB) July 12, 2014

SOC 2 Type 2 compliance is a hot topic these days, due in large part to the thousands of businesses in North America and around the globe having to comply with ever-increasing regulatory compliance mandates from customers and regulatory bodies. Its therefore highly important that organizations gain a sound understanding of the following 5 critical issues relating to SOC 2 Type 2 compliance as this greatly aids and facilitates the overall assessment process:

1.    SOC 1 vs. SOC 2. There are clear difference for which service organization need to be aware of regarding SOC 1 and SOC 2.

2.    SOC 2 Reporting and the Trust Services Principles (TSP). The TSPs consist of the following five 5):

  •     Security: The system is protected, both logically and physically, against unauthorized access.
  •     Availability: The system is available for operation and use as committed or agreed to.
  •     Processing Integrity: System processing is complete, accurate, timely, and authorized.
  •     Confidentiality: Information that is designated confidential is protected as committed or agreed.
  •     Privacy: The service organizations privacy policies and practices.

3.    Policies and Procedures. Theyre a large and fundamentally important element of successful SOC 2 Type 2 compliance for service organizations.

4.    Type 1 vs. Type 2. Its important to understand the differences between SOC 2 Type 1 and SOC 2 Type 2 reporting.

5.    Obtain a Fixed Fee with all Supporting Documents. Call NDB Accountants & Consultants today!

Contact Christopher Nickell, CPA, at 1-800-277-5415, ext. 706, to learn more about SOC 2 Type 2 compliance and the additional services offered by NDB Accountants & Consultants. Additionally, email Chris at cnickell(at)ndbcpa(dot)com.

For the original version on PRWeb visit: http://www.prweb.com/releases/2014/07/prweb12013910.htm

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