SOC 1 Audit and Attestion - Information Security Consulting Company

Q: How long would it take to complete a SOC 1 Audit?

On average it takes 8-12 weeks to complete a SOC 1 Audit with reporting. However, the timeline greatly depends on the time taken for implementing the remediation suggested in the gap analysis.

Q: What is the validity of a SOC 1 report and how often should an audit be conducted?

A SOC 1 Report is valid for 12 months from the date of issue. As per industry standards, a SOC 1 Audit must be performed annually, or after significant changes are introduced that may impact systems and controls in the environment.

SOC 1 Audit and Attestation

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SOC 1 Audit and Attestation

When it comes to financial reporting, trust is everything. That’s why SOC 1 compliance isn’t just a checkbox—it’s a crucial step in proving your organization’s internal controls are rock-solid. At VISTA InfoSec, we make SOC 1 compliance simple, transparent, and stress-free with our expert-led audit services.

We know that no two businesses are alike, so we offer three tailored services: Advisory, Consulting, and Attestation (Complete Audit). Whether you need guidance, hands-on assistance, or a full-scale audit, we’ve got you covered. As a vendor-neutral and CREST-certified firm, we bring you an unbiased, industry-recognized approach to compliance—so you can build trust with your customers with confidence.

Additionally, if your organization is managing multiple compliance frameworks like ISO 27001, PCI DSS, or SOC 2 alongside SOC 1, our AuditFusion360 service allows you to consolidate overlapping controls into a single, streamlined audit—saving both time and cost, so make sure to check it out!

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Our SOC 1 services

SOC 1 Advisory Services

Get expert insights on your compliance posture, pinpoint control gaps, and chart a clear path to SOC 1 readiness.

SOC 1 Consulting Services

Hands-on support to design, implement, and optimize internal controls, ensuring your business is audit-ready.

SOC 1 Attestation Services

An independent audit to provide a SOC 1 Type I or Type II report with complete accuracy and transparency.

Our SOC 1 Audit Methodology

Scope Definition

Identify the scope of the audit by determining the systems, processes, and financial reporting controls involved.

Gap Analysis

Evaluate your current internal controls against SOC 1 requirements to identify non-compliance areas and control weaknesses.

Risk Assessment

Assess financial reporting risks and control vulnerabilities that could impact compliance, providing a structured approach to mitigation.

Evidence Collection & Control Testing

Collect documentation and perform control testing to validate the design and operational effectiveness of controls.

Audit & Attestation

Conduct a formal audit and issue SOC 1 Type I (design evaluation) or Type II (operational effectiveness) reports to demonstrate compliance.

Post-Audit Support

Provide recommendations for continuous improvement and assist in addressing any identified gaps.

SOC 1 Audit Deliverables

Gap Analysis Report

A detailed breakdown of any deficiencies, with practical steps for remediation.

Risk Assessment Findings

A structured risk report highlighting vulnerabilities and mitigation strategies.

Compliance Roadmap

A step-by-step guide to achieving and maintaining SOC 1 compliance.

SOC 1 Type I or Type II Report

A formal report proving your financial reporting controls are secure and effective.

Continuous Improvement Insights

Best practices and recommendations to keep your controls strong in the long run.

Ongoing Support Provided with SOC 1

Staying compliant isn’t a one-time task—it’s an ongoing commitment. We help you stay ahead with:

Annual Control Reviews

Keeping your controls sharp and aligned with evolving business processes.

Remediation Support

Helping you address and fix control gaps before they become bigger problems.

Control Automation Advisory

Making your compliance process smoother and more efficient with automation.

Policy and Procedure Updates

Ensuring your documentation stays up to date with the latest standards.

Continuous Monitoring Assistance

Equipping you with tools and techniques for real-time control performance monitoring.

Why Work with VISTA InfoSec for SOC 1 Audit?

Decades of Experience – With over 20 years in the industry, we’ve helped businesses across the globe achieve and maintain SOC 1 compliance.
ISO/IEC 27001 Certified – We practice what we preach, our own information security standards are world-class.
Vendor-Neutral & Unbiased – We don’t sell products. Our audits are independent, transparent, and completely unbiased.
Tailored Compliance Solutions – We adapt to your business’s unique financial reporting and internal control requirements.
End-to-End Support – Compliance doesn’t stop at the audit. We stay with you to keep your security and compliance framework strong.

Frequently Asked Questions on SOC1 Advisory and Attestation

Who should comply with SOC1 Attestation?

SOC 1 Audit is essential for Service Organizations whose services impact user entities’ Internal Controls over Financial Reporting (ICFR). This would include Payroll processors, Medical claims processors, Loan servicing companies, Datacenter companies, and Software-as-a-Service (SaaS) companies that may impact the financials of their user entities.

How much would a SOC 1 Audit Cost?

SOC 1 Audit cost for an average-sized company starts at $15,000. The pricing depends on several factors, including the scope of the SOC 1 Audit, type of report, business applications, technology platforms, number of locations, and any additional services.

How long would it take to complete a SOC 1 Audit?

On average it takes 8-12 weeks to complete a SOC1 Audit with reporting. However, the timeline also greatly depends on the time taken for implementing the remediation suggested in the gap analysis.

What will you get after a SOC 1 Audit is complete?

You will receive SOC 1 reports documenting the details of the effectiveness of the Service Organization’s system and controls. The report demonstrates how client information is securely maintained with necessary controls. Additionally, a “Certificate of Compliance” is provided that you can showcase to clients or display in your office.

What is the validity of a SOC 1 report and how often should an audit be conducted?

A SOC1 Report is only valid for a year or 12 months from the date of issue and as per the Industry Standard requirement, a SOC1 Audit must be performed annually, or after significant changes are introduced that may impact systems and control in an environment.

How does a SOC1 Attestation benefit you?

SOC 1 Attestation demonstrates your commitment to maintaining strong internal controls, helps build customer trust, streamlines processes and controls, improves service delivery, differentiates your organization by adhering to rigorous standards, and protects brand reputation by reducing the risk of breaches.