article thumbnail

SOX vs. SOC: What Is The Difference? [Complete Guide]

LogisManager

Strengthening corporate governance. Requiring corporate transparency. Authorizing the Public Company Accounting Oversight Board (PCAOB) to monitor corporate behavior. SOC reports were created by the AICPA amidst the rise of cloud computing, which has increased accessibility to applications and data.

article thumbnail

Audit Checklist for SOC 2

Reciprocity

Processing integrity: System processing is complete, valid, accurate, timely, and authorized to meet your service organization’s objectives. The AICPA created SOC 2 to establish an audit standard that addresses the ongoing trends of cloud computing and software as a service. Availability. Processing integrity.

Audit 52