SOC Readiness Assessments Memphis | SOC Readiness TN

For Memphis and Tennessee businesses that need to undergo a System and Organization Control (SOC) examination, it can be a stressful experience. The process requires a thorough review of organizational processes, controls, and effectiveness. This means companies need to have methods that have been reviewed and documented and confidence that essential controls are functioning correctly. It isn’t very easy, and for those who have not undergone a SOC 1 or SOC 2 audit, it is necessary to ensure compliance with crucial audit standards. A SOC report is needed, but will the organization pass? This is when many turn to SOC readiness assessments to guide efforts.

What is a SOC Readiness Assessment?

A SOC readiness assessment is designed to help an organization determine its preparedness for an actual SOC examination. It identifies potential issues and challenges and helps to remedy them before the start of the audit. It also helps to identify weaknesses that may result in an undesirable, unqualified opinion.

SOC Readiness Assessments – Memphis (TN)

Barnes Dennig has significant experience working with companies in Memphis and across Tennessee. Our professionals have guided many through the reporting process by identifying key controls needed and testing the effectiveness of policies and procedures. Barnes Dennig’s audit experience allows us to quickly establish a risk profile and identify areas of exposure and essential variables. This results in a more valuable experience because we know the right questions to ask.  Whether you need a SOC 1 or SOC2 report assessment, Barnes Dennig stands ready to assist.

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Memphis SOC Readiness Assessment

Our team will review your documentation and identify the testing necessary to verify control effectiveness. Then, a practice SOC examination will reveal whether you are ready for the real thing. Do not be concerned if the results do not turn out perfectly. Most must firm up some controls and make other changes before the examination. We will work with you to ensure the proper steps are taken and issues corrected so you will be ready for the big day.

Contact Our Memphis SOC Readiness Assessment Team

Barnes Dennig provides SOC readiness assessments to companies in Memphis and across Tennessee remotely from our Ohio offices.  If you want to learn how we can help your company, complete the form below, and a team member will contact you promptly.

About Memphis (TN)

The business community in Memphis, Tennessee, is marked by a vibrant entrepreneurial spirit and robust support structures that foster economic growth and innovation. The Greater Memphis Chamber plays a central role, providing many resources and support for businesses ranging from startups to established enterprises. This includes advocacy for business-friendly policies and economic development initiatives to create jobs and promote regional prosperity.

Memphis is also known for its strategic initiatives to support minority and women-owned businesses, with specific programs to increase their visibility and access to opportunities. This is evident in initiatives like the EDGE program, which focuses on economic development and growth through diversity and education.

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