Controls automation monitoring & management and general computer controls are key to safeguarding assets, maintaining data integrity, and the operational effectiveness of an organization
Prior to simply performing an audit, it is critical to first identify and categorize risk. A properly performed risk assessment is a critical component in understanding the complexities
A range of consulting services provided by Certified Public Accountants (CPA) and other financial advisors to businesses and high net worth individuals who require specialized advice on capital formation, cash flow and wealth
SOC 1 Report on Controls at a Service Organization Relevant to User Entities’ Internal Control over Financial Reporting (ICFR) The primary aim of the reports that are generated with respect to the AT-C section 320- Internal Control
Independent Verification by Trusted Professionals gives your business a competitive advantage. A global standard means your business can operate more effectively in new markets.
Organizations use information technology systems for increase effeciency and functionality in a dynamic enviornment, it is critical that management understand and utilize the latest technology solutions.
The testing of the information technology internal controls and risk management can identify controls not operating effectively. This can lead to cybersecurity threats – we at princeton audit group can help management by identifying threats and recommend threat mitigating solutions.
Outsourcing in on the rise despite increasing cybersecurity breaches. In today’s challenging world of Blockchain, AI, IOT, and Cloud, you need to be a step ahead of your competitors. Think of the SOC report as your company’s “Security Best Practices”. You need to demonstrate a level of confidence that your organization can handle your clients’ most confidential and valuable information, have the procedures and controls in place to provide the required assurance.
Data Security & Privacy are increasing concerns for many organizations. This is especially important in cases where data is regulated and/or sensitive as in case of compliance requirements for HIPAA, PCI, GLBA, EU-GDPR etc. Cloud environments are adding to the complexity of the issue. Privacy laws are being enforced that lead to heavy fines or penalties.