Unlike SOC Type 1 reports, which are based on a specific point in time, SOC Type 2 reports are done over a period of time.
What is the minimum span of time for a SOC Type 2 report?
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SOC Type 2 reports are focused on the same policies and procedures, as well as their effectiveness, as SOC Type 1 reports, but are evaluated over a period of at least six consecutive months, rather than a finite point in time.
A SOC (Service Organization Control) report is an independent third-party audit report that provides information about a service organization's controls over its information systems, data, and services. SOC reports are issued in three different types: SOC 1, SOC 2, and SOC 3.
SOC Type 1 reports provide an auditor's opinion on the design and operating effectiveness of a service organization's controls at a specific point in time. They cover the controls in place at a specific date, typically for a period of one day or a specific moment.
In contrast, SOC Type 2 reports cover the controls in place over a period of time, typically between six and twelve months. SOC Type 2 reports evaluate the effectiveness of the controls over a specified period, as opposed to a single point in time.
Therefore, the minimum span of time for a SOC Type 2 report is six months. This is because SOC Type 2 reports require a sufficient amount of time to evaluate the design and operating effectiveness of the controls in place and ensure that they are operating effectively over time. One month or one week would not provide enough time to establish whether the controls are consistently effective.
It is important to note that the exact duration of a SOC Type 2 report may vary depending on the nature of the service organization and the services provided. However, it is generally accepted that the minimum duration for a SOC Type 2 report is six months.