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The Schellman Blog

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SOC & Attestations

Blog Feature

SOC 2 | SOC & Attestations

By: Adam Russell
October 5th, 2023

Internal Audit (IA) and Governance, Risk, and Compliance (GRC) professionals are often charged with reading SOC reports from service providers to gain an understanding of each vendor’s controls, but many may not know how you can also use these reports to also enhance, mature, and drive their own audit and governance functions.

Blog Feature

SOC & Attestations | SOC 1

By: Molly Rudar
September 5th, 2023

Though the timeline of a completed report varies greatly based on numerous factors within your organization, a SOC 1 examination generally always moves through the same three phases of planning and preparation, fieldwork, and reporting stages.

Blog Feature

SOC & Attestations

By: Schellman
August 22nd, 2023

Now that artificial intelligence (AI) has more fully engrained itself into the digital world and economy, it makes sense that the American Institute of Certified Public Accountants (AICPA)—as the organization that sets the most recognized auditing standards in the U.S.—would have an opinion on AI use, particularly in terms of the possibility of related SOC-compliance issues.

Blog Feature

SOC 2 | SOC & Attestations

By: Vinnie Minosky
June 21st, 2023

While in school, did you ever have a professor that would sneakily test on obscure materials? You could read the textbooks, but that material you assumed would be the bulk of an exam wasn’t mentioned—instead, your test questions were focused on the footnotes or some other material you weren’t aware of or clearly alerted to review beforehand.

Blog Feature

SOC & Attestations | SOC Reports | SOC Examinations

By: Jonalea Gaalema
April 27th, 2023

“What am I looking at here?” Tony Montana asks George Sheffield that question during the classic gangster film Scarface after being arrested for tax evasion. Theoretically, Tony knows what he’s up against, but he wants his lawyer to be specific and explicit, so he knows exactly.

Blog Feature

SOC 2 | SOC & Attestations | HITRUST | Healthcare Assessments | SOC 2 + HITRUST

By: DOUG KANNEY
January 26th, 2023

Prolific and unique musician MF Doom once said, “I'm always trying to show versatility. I'm juggling, and I'm flipping fire, and I'm chewing gum and rhyming at the same time... on a unicycle, while playing the drums.”

Blog Feature

SOC 2 | SOC & Attestations

By: JORDAN HICKS
December 22nd, 2022

If you’ve ever skied before, you might know that anything can happen on a mountain. It might be your first time on the slopes or you might have traversed a certain run hundreds of times, but all it takes is a little loose powder, a wayward stick, or even another skier in your way to have you eating snow and nursing bruises.

Blog Feature

SOC & Attestations | Crypto and Digital Trust | Emerging Technologies

By: Scott Perry
November 15th, 2022

These days, blockchain providers find themselves in an interesting position—you have a revolutionary service to offer, but the market is still coming around to it. You need a way to validate your product so they will. Luckily, there is something you can do—you can take the initiative to acquire a SOC report.