SOC Readiness Assessment

Roosa CPA, LLC is a licensed certified public accounting firm and therefore must adhere to the independence requirements set forth by the American Institute of Certified Public Accountants’ Code of Professional Conduct. Among several requirements, for audit clients we must remain independent of management’s responsibilities, such as defining the system, implementing controls, documenting the description of the system or developing management’s assertion, but for Service Organizations not audited by Roosa CPA, LLC we can:

• Determine preparedness for an SOC 1^®, SOC 2^® or SOC 3^® examination through a formal gap analysis process and report. This will include assisting with documenting management’s description of the system. Management’s description of the system includes details such as: how transactions are processed and reported to User Organizations, the specified control objectives and controls designed to achieve those objectives, along with additional aspects of internal controls such as control environment, risk assessment, information and communication systems, control activities and monitoring controls.
• Assist your organization with the transition to the SOC 1^®, SOC 2^® or SOC 3^® standard if you wish to stay with your current auditor but do not possess the expertise internally to develop management’s assertion. We can assist in documenting management’s assertion statement and ensure a valid business plan is developed to support and maintain management’s assertion. Roosa CPA, LLC can also serve as a liaison between your company and your auditor to ensure successful execution of the SOC 1^®, SOC 2^® or SOC 3^® examination.

For More Information Speak to a Compliance Specialist at Roosa CPA, LLC (877) 410-8516