SOC Readiness Assessments Philadelphia | SOC Readiness PA

For Philadelphia and Pennslyvania 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 – Philadelphia (PA)

Barnes Dennig has significant experience working with companies in Philadelphia and across Pennslyvania. 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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Phialdelphia 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 Philadelphia SOC Readiness Assessment Team

Barnes Dennig provides SOC readiness assessments to companies in Phialdelphia and across Pennslyvania 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 Phialdelphia (PA)

The business community in Philadelphia is a compelling mix of historical significance, modern innovation, and cultural vibrancy. As one of the oldest cities in the United States, Philadelphia has a rich legacy that has shaped its business landscape. Known as the “City of Brotherly Love,” it has a diverse economy encompassing healthcare, education, finance, technology, and manufacturing.

Healthcare is a dominant sector in Philadelphia, with major institutions like the University of Pennsylvania Health System and Thomas Jefferson University Hospitals driving the city’s reputation as a medical and research hub. These institutions are not only major employers but also foster a network of healthcare-related businesses, from pharmaceuticals to medical devices, contributing to the city’s overall economic stability.

Education also plays a significant role in the business community, with prestigious universities like the University of Pennsylvania and Drexel University. These institutions are centers for innovation and research, attracting talent and fostering startups, particularly in the fields of technology and biotechnology. The presence of these universities has spurred the development of business incubators and accelerators, creating a thriving startup ecosystem in areas such as West Philadelphia’s “University City.”

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