How to Check If Your SOC 2 Report Is Real
Ten things you can check in under an hour — without an accounting degree — to tell whether your SOC 2 report meets AICPA standards.
By Peter Korpak · Reviewed against our methodology · Last updated
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Boulay Group is a mid-tier SOC 2 audit firm in Minneapolis, MN, USA that charges $25K–$50K for Type II audits with 3–6 month timelines. Founded in 1934, they hold 3 accreditations and specialize in ESOP-owned companies, Financial Services, Manufacturing, and 1 more. Their pricing is below average compared to the mid-tier average of $28.796K–$76.204K.
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Note: Pricing shown is estimated based on typical engagements. Use our SOC 2 cost calculator for a personalized estimate.
of Mid-tier firms charge more for Type II
of Mid-tier firms have longer minimum timelines
certifications (tier avg: 3)
Side-by-side pricing, timeline, and certification counts for the 5 closest-priced peers in the mid-tier tier.
| Boulay Group | Forvis Mazars | RSM Ebner Stolz | BDO Canada | Crowe Global | Mazars Germany | |
|---|---|---|---|---|---|---|
| Type II Cost | $25K–$50K | $25K–$55K | $25K–$55K | $28K–$55K | $25K–$58K | $25K–$58K |
| Type I Cost | $15K–$30K | $15K–$30K | $15K–$30K | $18K–$32K | $15K–$32K | $15K–$32K |
| Timeline | 3–6 mo | 5–12 mo | 5–13 mo | 5–13 mo | 5–13 mo | 5–13 mo |
| Team Size | 250-350+ | 35000–45000 | 600–800 | 5000–5100 | 4000–6000 | 200–300 |
| Certifications | 3 | 3 | 2 | 3 | 3 | 3 |
| Founded | 1934 | 2024 | 1974 | 1910 | 1942 | 1945 |
For buyers in ESOP-owned companies and Financial Services, Boulay Group fits the mid-tier profile when timeline (3–6 months) and Type II pricing ($25K–$50K) align with what mid-tier firms typically deliver. Their 3 active accreditations — including CPA Firm (Licensed), PCAOB Registered — extend that fit beyond pure SOC 2 into adjacent compliance frameworks.
Midwest companies, ESOP-owned businesses, organizations seeking established regional firm with 90+ years experience
Founded 1934, 300+ employees including 100+ CPAs and 45 partners, 4 locations, B Corp certified (ethical standards), offers SOC 1/2/3 plus Microsoft SSPA attestations, fixed fee pricing model
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Visit Boulay Group's website directly, or get an anonymous quote through us. Tell us your scope, Boulay Group replies with a price, a timeline, and why they'd be a fit. Anonymous until you pick.
4 industries — Mid-tier average: 5
3 certifications — Mid-tier average: 3
Traditional audit approach
Boulay Group SOC 2 Type I audits typically range from $15K to $30K. Type II audits range from $25K to $50K. This is below average for mid-tier firms — the mid-tier tier average is $28.796K–$76.204K. Final pricing depends on your organization's scope, number of trust service criteria, and system complexity.
A buyer-side checklist. Bring these to your first call — the answers separate firms that have run hundreds of SOC 2 engagements from firms that are bidding on them.
Tell us your scope. Boulay Group replies with a price, a timeline, and why they'd be a fit. Anonymous until you pick.
Want to compare first? See 49 similar mid-tier firms · or have us get 3 quotes instead
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