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Download Presentation - Plante Moran

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Benefits to Service Organization<br />

Competitive Differentiator - A Service Auditor's Report with an unqualified opinion issued by an<br />

independent accounting firm differentiates the service organization from its peers by demonstrating the<br />

establishment of effectively designed controls.<br />

Build Trust - A Service Auditor's Report also helps a service organization build trust with its user<br />

organizations (i.e., customers) and sometimes prospective clients.<br />

Time Saver - Without a current Service Auditor's Report, a service organization may have to entertain<br />

multiple audit requests from its customers and their respective auditors. Multiple visits from user<br />

auditors can place a strain on the service organization's resources.<br />

Consistency - A Service Auditor's Report ensures that all user organizations and their auditors have<br />

access to the same information to satisfy the user auditor's requirements.<br />

Independent Qualified Assessment - SOC engagements are performed by control oriented<br />

professionals who have experience in accounting, auditing, and information security. A SOC<br />

engagement allows a service organization to have its control policies and procedures evaluated and<br />

tested by an independent party.<br />

Control Improvements - Very often this process results in the identification of opportunities for<br />

improvements in operational areas.<br />

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