SOC Reporting

Start Here for Greater Confidence

SOC reports are being required by many user organizations that outsource to service providers. Hancock Dana has the experience needed to give you greater confidence in how you prepare for and complete necessary assessments and examinations.

At Hancock Dana, we specialize in SOC examinations with a process that is customized for each client to efficiently highlight internal controls, processes, values and integrity.

We offer Readiness Assessments as well as SOC 1 and SOC 2 examinations:

  • Readiness Assessments: Designed to assess a service organization’s preparedness for an SOC examination. Identifies controls the service organization should either implement or improve before beginning an SOC examination.
  • SOC 1: Report on controls at a service organization that may be relevant to a user entity’s internal control over financial reporting. A type 1 report focuses on a description of the system and on the suitability of the design of its controls as of a specific date. A type 2 report contains the same opinions with the addition of an opinion on the operating effectiveness of the controls throughout the specified period.
  • SOC 2: Report on controls at a service organization relevant to security, availability, processing integrity, confidentiality or privacy. Similar to SOC 1 in that a type 1 or type 2 report is available.

Speak with a member of the Hancock Dana team to learn how we can help you with readiness assessments and SOC 1 and SOC 2 exams.

"Working alongside professionals that enjoy what they do, and who they interact with each day, creates an atmosphere where anyone can thrive."

Hugh Hermanek, Partner at Hancock Dana

Hancock Dana guides clients to expect more from their accounting partner by listening, offering specialized expertise and access to new ideas and proven solutions.