The advantage of choosing a UK based SOC 2 auditor
The location of your SOC 2 auditor is no longer a barrier due to the increasing globalisation and the popularity of online service delivery. Choosing a UK organisation to perform a SOC 2 audit for a US-based company can really have a number of benefits, even if the company doesn’t directly conduct business there. Here are a few reasons to support this:
1. Remote Capabilities
A UK organisation may easily undertake a SOC 2 audit remotely for a US-based corporation through remote methods. Auditors may complete much of their work from anywhere using tools like secure video conferencing, encrypted data transfer, and secure remote access solutions, which minimises the requirement for on-site visits.
The audit process can be greatly streamlined by this flexibility, which also makes it simpler to coordinate schedules and minimises disturbances to your usual business activities.
2. Cost Savings
A UK company could potentially result in cost savings. With the strong current currency rate between the US dollar and the British pound, hiring a UK-based company can be financially advantageous for a US corporation. The overhead costs are generally lower in UK auditors compared to the same service in the US, delivering further cost reduction opportunities.
3. Knowledge of international standards
The International Standards on Auditing (ISA), which have many similarities to US auditing standards, are well known to UK auditors. Particularly for businesses that operate abroad or intend to develop internationally, their grasp of these international standards can give a layer of perspective and expertise.
4. Global Recognition
The SOC 2 report is accepted everywhere, so it makes no difference where the auditing company is headquartered. In light of this, you should select a company based on its experience, credentials, and level of service rather than its location.
Summary
There is no reason not to take a UK-based company into consideration as long as it is qualified to perform SOC 2 audits and can satisfy your organisation’s needs. You might discover that a UK company can deliver a high-quality audit service that suits your demands, as well as at a possible reduced cost,
About Us:
Moore ClearComm is part of Moore Kingston Smith, a dynamic, leading professional UK firm of accountants and professional business advisers.
Our services include Data Privacy, Cyber Security, Business Continuity and Information Security for organisations worldwide.
As trusted advisers to businesses and not-for-profit organisations, we are passionate about helping our clients achieve their ambitions. Our highly experienced people have the strategic insight, drive and dedication to deliver results and help mitigate Data Privacy and Cyber Security risk.
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