SOC 1 Toolkit

Save time, empower your teams and effectively upgrade your processes with access to this practical SOC 1 Toolkit and guide. Address common challenges with best-practice templates, step-by-step work plans and maturity diagnostics for any SOC 1 related project.

Download the Toolkit and in Three Steps you will be guided from idea to implementation results.

The Toolkit contains the following practical and powerful enablers with new and updated SOC 1 specific requirements:

STEP 1: Get your bearings

Start with...


• The latest quick edition of the SOC 1 Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.


Organized in a data driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the…


• Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation


Then find your goals...

STEP 2: Set concrete goals, tasks, dates and numbers you can track

Featuring 990 new and updated case-based questions, organized into seven core areas of process design, this Self-Assessment will help you identify areas in which SOC 1 improvements can be made.

Examples; 10 of the 990 standard requirements:


1. Can management comment on which complementary user entity controls are in place and operating effectively at your organization level as required by the SOC you report for Empower?
   
   

2. Does the description of the controls and the control objectives enable the plan auditor to evaluate the design and confirm the implementation of relevant controls and assess risk?
   
   

3. Are the complementary user entity control considerations identified in the service organizations description relevant to the plan?
   
   

4. Have there been any delays in prior audits due to coordination between the management experts and your independent auditor?
   
   

5. What factors should you consider when determining whether your service organizations SOC 1 reports are properly scoped?
   
   

6. What was your auditors involvement in your lease accounting process leading up to the first post transition audit?
   
   

7. Are there adequate physical safeguards over cash, investments, inventory and fixed assets, of your organization?
   
   

8. What happens when there is a change in your organizations practice regarding the types of engagements performed?
   
   

9. Has a sensitivity analysis been undertaken to assess how options respond to changing variables, any conclusions?
   
   

10. Are you sure that your organizations outsourced processes operate in accordance with the relevant regulations?
    
    


Complete the self assessment, on your own or with a team in a workshop setting. Use the workbook together with the self assessment requirements spreadsheet:


• The workbook is the latest in-depth complete edition of the SOC 1 book in PDF containing 990 requirements, which criteria correspond to the criteria in...


Your SOC 1 self-assessment dashboard which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next:


• The Self-Assessment Excel Dashboard; with the SOC 1 Self-Assessment and Scorecard you will develop a clear picture of which SOC 1 areas need attention, which requirements you should focus on and who will be responsible for them:
  
  


• Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix

• Gives you a professional Dashboard to guide and perform a thorough SOC 1 Self-Assessment

• Is secure: Ensures offline data protection of your Self-Assessment results

• Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next:



STEP 3: Implement, Track, follow up and revise strategy

The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage SOC 1 projects with the 62 implementation resources:


• 62 step-by-step SOC 1 Project Management Form Templates covering over 1500 SOC 1 project requirements and success criteria:


Examples; 10 of the check box criteria:


1. Project Performance Report: To what degree do individual skills and abilities match task demands?
   
   

2. Activity Duration Estimates: What are crucial elements of successful SOC 1 project plan execution?
   
   

3. Requirements Traceability Matrix: Is there a requirements traceability process in place?
   
   

4. Responsibility Assignment Matrix: Will too many Signing-off responsibilities delay the completion of the activity/deliverable?
   
   

5. Activity Duration Estimates: Which does one need in order to complete schedule development?
   
   

6. Procurement Audit: Was the expert likely to gain privileged knowledge from his activity which could be advantageous for him in a subsequent competition?
   
   

7. Activity Duration Estimates: Will outside resources be needed to help in its development?
   
   

8. Human Resource Management Plan: Is the SOC 1 project schedule available for all SOC 1 project team members to review?
   
   

9. Decision Log: Do strategies and tactics aimed at less than full control reduce the costs of management or simply shift the cost burden?
   
   

10. Executing Process Group: What are some crucial elements of a good SOC 1 project plan?


 
Step-by-step and complete SOC 1 Project Management Forms and Templates including check box criteria and templates.

1.0 Initiating Process Group:


• 1.1 SOC 1 project Charter

• 1.2 Stakeholder Register

• 1.3 Stakeholder Analysis Matrix


2.0 Planning Process Group:


• 2.1 SOC 1 project Management Plan

• 2.2 Scope Management Plan

• 2.3 Requirements Management Plan

• 2.4 Requirements Documentation

• 2.5 Requirements Traceability Matrix

• 2.6 SOC 1 project Scope Statement

• 2.7 Assumption and Constraint Log

• 2.8 Work Breakdown Structure

• 2.9 WBS Dictionary

• 2.10 Schedule Management Plan

• 2.11 Activity List

• 2.12 Activity Attributes

• 2.13 Milestone List

• 2.14 Network Diagram

• 2.15 Activity Resource Requirements

• 2.16 Resource Breakdown Structure

• 2.17 Activity Duration Estimates

• 2.18 Duration Estimating Worksheet

• 2.19 SOC 1 project Schedule

• 2.20 Cost Management Plan

• 2.21 Activity Cost Estimates

• 2.22 Cost Estimating Worksheet

• 2.23 Cost Baseline

• 2.24 Quality Management Plan

• 2.25 Quality Metrics

• 2.26 Process Improvement Plan

• 2.27 Responsibility Assignment Matrix

• 2.28 Roles and Responsibilities

• 2.29 Human Resource Management Plan

• 2.30 Communications Management Plan

• 2.31 Risk Management Plan

• 2.32 Risk Register

• 2.33 Probability and Impact Assessment

• 2.34 Probability and Impact Matrix

• 2.35 Risk Data Sheet

• 2.36 Procurement Management Plan

• 2.37 Source Selection Criteria

• 2.38 Stakeholder Management Plan

• 2.39 Change Management Plan


3.0 Executing Process Group:


• 3.1 Team Member Status Report

• 3.2 Change Request

• 3.3 Change Log

• 3.4 Decision Log

• 3.5 Quality Audit

• 3.6 Team Directory

• 3.7 Team Operating Agreement

• 3.8 Team Performance Assessment

• 3.9 Team Member Performance Assessment

• 3.10 Issue Log


4.0 Monitoring and Controlling Process Group:


• 4.1 SOC 1 project Performance Report

• 4.2 Variance Analysis

• 4.3 Earned Value Status

• 4.4 Risk Audit

• 4.5 Contractor Status Report

• 4.6 Formal Acceptance


5.0 Closing Process Group:


• 5.1 Procurement Audit

• 5.2 Contract Close-Out

• 5.3 SOC 1 project or Phase Close-Out

• 5.4 Lessons Learned


Results

With this Three Step process you will have all the tools you need for any SOC 1 project with this in-depth SOC 1 Toolkit.

In using the Toolkit you will be better able to:


• Diagnose SOC 1 projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices

• Implement evidence-based best practice strategies aligned with overall goals

• Integrate recent advances in SOC 1 and put process design strategies into practice according to best practice guidelines


Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role; In EVERY company, organization and department.

Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?'

This Toolkit empowers people to do just that - whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc... - they are the people who rule the future. They are the person who asks the right questions to make SOC 1 investments work better.

This SOC 1 All-Inclusive Toolkit enables You to be that person.

Includes lifetime updates

Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.