SOC 2 Type I Report

A SOC 2 Type I report examines the controls that govern an entity’s security and other applicable criteria at a point in time. This involves an auditor performing a walkthrough of your processes to understand and attest to the design of your internal controls. Therefore, it would usually be the first-ever SOC 2 report for a company.

A Type I audit can be the right choice for you if:

  • You’re pursuing a SOC 2 audit for the first time, and don’t have the requisite organizational maturity to pass all of the required controls
  • You need a report quickly
  • You’re going after small-to-medium-sized enterprise deals
  • Before preparing for a full audit, you want to show that you understand the necessary procedures to achieve the SOC 2 standard