Readi Consulting

Companies which provide outsourced IT services or resources may be driven by users, regulatory requirements or the necessity to differentiate itself in the marketplace to have a SOC report. A SOC Readiness is critical to determine whether a company is prepared for a SOC audit and to remediate control environment issues or non-compliance with SOC guidelines. Contact Readi Consulting for SOC readiness services that surpass services traditional accounting firms provide.

IMPORTANCE OF EFFECTIVE VENDOR RISK MANAGEMENT
More than half of reported breaches result from attacks originating from third-parties, yet most companies still have an under-funded, spreadsheet-based vendor risk management (VRM) program. There are outsourced services available to automate VRM and continuously monitor vendors. Contact Readi Consulting about cloud-based, VRM solutions.

Attention Board Members and Executive Management-Does Your Company Have an Effective Control Environment?

The updated COSO Internal Control Framework emphasizes the involvement of the board of directors, in addition to management, in creating and overseeing an effective control environment and risk assessment process. The framework has been expanded and monitoring the control environment, assessing risk and evaluating the effectiveness of controls to mitigate risk is now a continuous process. Contact Readi Consulting to determine whether your control environment is compliant with the COSO framework.

New from the AICPA - The AICPA has issued new SOC for Service Organization logos and SOC for Cybersecurity guidelines. The AICPA also released a SOC 2 mapping from the former trust services principles and criteria to the new trust services criteria (TSC) which became effective on 12/15/2018.