Recognised By
Service Organization Control (Financial Reporting) Audit
SOC 1 Certification & Audit Consultancy in India
SOC 1 (SSAE 18) reports are required by Indian IT, BPO, payroll, data processing and financial services companies that handle transactions affecting their US clients' financial reporting. User auditors and US regulators rely on SOC 1 to assess internal controls over financial reporting. We provide SOC 1 readiness and attestation support across India.
Overview
What is SOC 1?
A SOC 1 report (System and Organization Controls 1) provides an independent assessment of a service organization's internal controls relevant to user entities' financial reporting (ICFR). Governed by SSAE 18, it comes in two types: Type I (design of controls at a point in time) and Type II (operating effectiveness over a period, typically 6–12 months).
Who Needs It
Which organizations need SOC 1 certification?
Payroll processing companies serving US clients
IT service providers whose services affect client financial statements
BPOs handling accounts payable, receivable or financial transactions
SaaS companies with ERP, accounting or financial reporting modules
Data centers and managed service providers hosting financial systems
Custody and transfer agents in financial services
Benefits
Benefits of SOC 1 Certification
Meet US client and auditor requirements for service provider controls
Win and retain US financial services and enterprise contracts
Demonstrate financial control integrity to stakeholders
Reduce time spent on client security questionnaires
Identify and remediate control gaps before they become audit findings
Support SOX compliance for clients subject to Sarbanes-Oxley
Our Process
How We Deliver SOC 1 Certification
01
Scoping & Control Identification
We define the scope of services, identify relevant financial reporting risks, and map the controls your organization relies on to mitigate those risks.
02
Readiness Assessment
We test the design and operating effectiveness of your controls and identify gaps that would result in qualified opinions or exceptions in the SOC 1 report.
03
Remediation & Evidence Collection
We help remediate control gaps, establish evidence collection processes, and prepare all documentation for the CPA firm's audit.
04
CPA Firm Coordination
We coordinate with the independent CPA firm conducting the SSAE 18 attestation, respond to auditor queries, and ensure a clean Type I or Type II report.
Standard Requirements
SOC 1 — Key Clauses & Requirements
Control Environment
Risk Assessment
Control Activities
Monitoring of Controls
Information and Communication
FAQs
Frequently Asked Questions — SOC 1 in India
What is the difference between SOC 1 Type I and Type II?
Type I reports on the design of controls at a specific point in time. Type II reports on both design and operating effectiveness over a period (typically 6–12 months). US clients almost always require Type II for ongoing assurance.
What is the difference between SOC 1 and SOC 2?
SOC 1 focuses on controls relevant to user entities' financial reporting (ICFR). SOC 2 focuses on security, availability, processing integrity, confidentiality and privacy (Trust Services Criteria). Many Indian IT companies need both.
How long does a SOC 1 Type II engagement take?
The observation period is typically 6–12 months. Add 3–4 months for readiness assessment and reporting. Plan 9–15 months from start to final report.
Which CPA firms can perform SOC 1 attestations for Indian companies?
SOC 1 must be performed by a licensed US CPA firm. We partner with PCAOB-registered CPA firms experienced with Indian service organizations and coordinate the entire engagement on your behalf.
India Coverage
SOC 1 Consultancy Across All Indian States
We deliver SOC 1 certification and audit services across every state and union territory of India — remotely or on-site. Our consultants are based in Delhi, Mumbai, Bengaluru and Hyderabad, with active engagements across the country.
Get a Free Consultation
Talk to a certified lead auditor about your SOC 1 journey — no obligation.
Contact Us →Industries We Serve
Banking & Financial Services
Information Technology
Retail & E-Commerce
Healthcare & Pharma
Logistics & Supply Chain
Manufacturing
Education
Construction & Engineering
Ready to achieve SOC 1 certification?
Speak to our certified lead auditors — free initial consultation, no obligation. India-wide service.
SOC 1 certification consultancy across India — Bengaluru · Hyderabad · Pune · Delhi · Mumbai · Chennai · Noida · Gurugram · Kolkata · Kochi · Ahmedabad · Coimbatore — Exclusive Consulting & Compliance Pvt. Ltd. — +91 9439466448 — contactus@exclusiveaudit.com
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