Frameworks

SOC 1 — Internal Controls over Financial Reporting

The report you need when your service touches your customers' financial statements.

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SOC 1 covers controls relevant to your customers' financial reporting — payroll processors, billing platforms, fund administrators, anything whose failure could misstate a customer's books. If auditors of your customers keep asking about your controls, this is the report they want.

SOC 1 vs SOC 2, in one line

SOC 2 answers 'is my data secure with you?'; SOC 1 answers 'can my financial audit rely on your processing?'. Many platforms eventually need both, and the control machinery — access, change management, operations — overlaps heavily, which is why running them on one evidence base matters.

How Compriska helps

Compriska manages your control objectives, collects the evidence continuously, and cross-maps the shared controls so your SOC 1 and SOC 2 programs are one body of work with two reports at the end.

Frequently asked questions

Do we need SOC 1 Type I or Type II?

Customers' auditors almost always want Type II — controls operating over a period. Type I is a stopgap for a first year or a stalled deal.

Other frameworks

Automate SOC 1 with Compriska

See how cross-mapped controls, continuous evidence, and AI workflows change the cost of compliance.

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