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

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SOX is a government initiative which has been enacted in the financial sector with the aim of reducing financial fraud and increasing transparency. It is a set of federal laws that were enacted in response to a series of corporate scandals which shook investor confidence. Strengthening corporate governance. SOC vs SOX.

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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.

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