Client Snapshot
An established US-based audit firm serving global organizations across real estate, chemicals and specialty materials manufacturing, consumer products, and data center operations. During its peak audit period, the firm engaged Pierag to support multiple SOC 1 and SOC 2 engagements, strengthen testing execution, and facilitate timely completion in accordance with SSAE 18 attestation requirements.
The Challenge
- Concurrent SOC 1 and SOC 2 engagements placed pressure on the firm’s audit capacity during peak season, making it challenging to meet deadlines without compromising testing quality.
- Differences in client industries, processes, and control environments added complexity to maintaining consistent assessments across engagements.
- Validating populations and obtaining sufficient, reliable evidence required close coordination with multiple control owners within limited timelines.
- Keeping workpapers complete and resolving control observations before engagement closure added to the delivery pressure on audit teams.
Our Approach
- Conducted walkthroughs with control owners to document process narratives and assess the implementation of key controls.
- Prepared evidence request lists specifying population and configuration requirements, reviewed submissions for completeness, and validated population accuracy before selecting samples.
- Performed design and operating effectiveness testing against SOC 1 control objectives and the in-scope Trust Services Criteria for SOC 2.
- Prepared testing workpapers, sample test sheets, and observation logs, keeping audit files current within the firm’s documentation tools.
- Coordinated with stakeholders to clarify evidence, address follow-up queries, and maintain consistency in testing outcomes.
- Discussed and finalized audit observations with client management and reviewed formal responses to identified deficiencies.
Results Delivered
- Completed design and operating effectiveness testing for in-scope SOC 1 and SOC 2 controls, supported by validated populations and reviewed evidence.
- Delivered comprehensive audit documentation, including process narratives, testing workpapers, sample test sheets, and observation logs.
- Finalized audit observations with client management and reviewed formal responses to all identified deficiencies.
Impact
Pierag provided additional execution capacity during the firm’s peak audit period, helping teams progress concurrent engagements within demanding timelines. Consistent testing and review-ready documentation supported audit quality across varied client environments, while coordinated follow-ups helped address outstanding matters and support timely engagement completion.
