Withum is pleased to share that it has successfully completed a System and Organization Control (SOC) 2 Type 1 examination in accordance with the standards set forth by the Association of International Certified Professional Accountants (AICPA). The SOC 2 Type 1 report deems Withum’s design of internal controls in its systems in line with the AICPA Trust Service Criteria.
The SOC 2 is an in-depth audit that attests to the design of the organization’s controls over data Security at a certain point in time. The rigorous certification process addresses all the relevant criteria specified by the AICPA, including over 80 management-specified control activities.
As a firm that leads with integrity, this milestone is a testament to Withum’s commitment to handle sensitive data responsibly. The SOC 2 Type 1 examination is a rarity among accounting firms today, and I am extremely proud of our Team’s hard work and dedication to achieve this accomplishment and set Withum apart from the rest.
Jim Bourke, Managing Director of Advisory Services
In a world where data breaches and cyberattacks are more common than ever, clients can receive assurance of the security of the systems that will keep their data safe. While government organizations and labor unions historically understand the need for such safeguards, industries across private and public sectors should be careful to choose auditors and business partners that have a demonstrated ability to protect client information by undergoing SOC 2 examination.
Client data security is of the utmost importance in today’s business landscape. As a firm that prioritizes client service and excellence, we are proud to display the AICPA’s SOC badge so all clients and prospects know how deeply we value their trust in us.
Pat Walsh, Managing Partner and CEO
Withum received the SOC 2 Type 1 audit report on September 29, 2023, from a national CPA firm, recognized as one of the leaders in SOC auditing. In addition to undergoing a SOC 2 examination, Withum also offers System and Process Assurance Services and can help other organizations through their SOC journey.