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By Peter Korpak · Reviewed against our methodology · Last updated

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LBMC

Type II Cost
$20K–$60K
Timeline
26–52 months
Founded
1984
Team Size
20-100+

LBMC is a regional SOC 2 audit firm in Nashville, TN, USA that charges $20K–$60K for Type II audits with 26–52 month timelines. Founded in 1984, they hold 1 accreditations and specialize in Healthcare and claims processing, Financial services, Cloud service providers, and 3 more. Their pricing is in the mid-range compared to the regional average of $21K–$57.429K.

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How Much Does LBMC Charge for SOC 2?

Type I Cost
$15K–$45K
Type II Cost
$20K–$60K
Timeline
26–52 months
Team Size
20-100+
Report Delivery
45-60 days after reporting period ends
Response Time
Standard

Type II Pricing Position

$10K $450K
LBMC: $20K–$60K Regional avg: $21K–$57.429K

Note: Pricing shown is estimated based on typical engagements. Use our SOC 2 cost calculator for a personalized estimate.

10%

of Regional firms charge more for Type II

0%

of Regional firms have longer minimum timelines

1

certifications (tier avg: 3)

Compare LBMC with Similar Regional Firms

Side-by-side pricing, timeline, and certification counts for the 5 closest-priced peers in the regional tier.

LBMC Carr, Riggs & Ingram (CRI) GRF CPAs & Advisors MNP LLP Nucleus Networks OCD Tech
Type II Cost $20K–$60K $25K–$55K$20K–$60K$25K–$55K$20K–$60K$20K–$60K
Type I Cost $15K–$45K $15K–$30K$15K–$45K$15K–$32K$15K–$45K$15K–$45K
Timeline 26–52 mo 4–10 mo6–12 mo4–12 mo6–12 mo6–12 mo
Team Size 20-100+ 1600–170020–1005000–1000090–10020–100
Certifications 1 42211
Founded 1984 19971981194520102010

LBMC Industry Fit

For buyers in Healthcare and claims processing and Financial services, LBMC fits the regional profile when timeline (26–52 months) and Type II pricing ($20K–$60K) align with what regional firms typically deliver.

Who Should Hire LBMC?

Organizations storing, processing, or transmitting customer data; SaaS and cloud service providers

What Makes LBMC Different?

Integrated audit and cybersecurity teams; readiness-to-report support; multi-framework expertise including SOC, HITRUST, ISO 27001, NIST, PCI DSS

Is LBMC Right for You?

  • You're in healthcare and need HIPAA-aware auditors
  • You're in financial services with regulatory audit requirements
  • You're a SaaS company going through SOC 2 for the first time
  • You value an established firm with 42+ years of audit experience

Engage LBMC

Visit LBMC's website directly, or get an anonymous quote through us. Tell us your scope, LBMC replies with a price, a timeline, and why they'd be a fit. Anonymous until you pick.

What Industries Does LBMC Serve?

6 industries — Regional average: 5

Healthcare and claims processing Financial services Cloud service providers SaaS and technology companies Data centers and hosting providers Private equity portfolio companies

What Certifications Does LBMC Hold?

1 certifications — Regional average: 3

CPA Firm

Audit Platform

Proprietary

LBMC SOC 2 Audit FAQ

LBMC SOC 2 Type I audits typically range from $15K to $45K. Type II audits range from $20K to $60K. This is in the mid-range for regional firms — the regional tier average is $21K–$57.429K. Final pricing depends on your organization's scope, number of trust service criteria, and system complexity.

Questions to Ask LBMC Before Hiring

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.

  1. Your team is sized at 20-100+. How many auditors will be assigned to my engagement, and who is the engagement lead — a partner, a senior manager, or a staff auditor?
  2. You quote 26–52 months. What pushes a project to the longer end of that range, and what does "audit-ready on day one" look like to you?
  3. Your Type II range is $20K–$60K. What's included at each end, and what scope changes would push pricing above the top of that range?
  4. We've talked to similar firms in the regional tier. What's a question buyers like us should be asking that they usually don't?
  5. Who reviews and signs the report on your side — is that a partner-level CPA, and how involved are they during fieldwork versus only at sign-off?
  6. How do you handle subservice carve-outs (e.g., AWS, GCP, Azure) versus inclusive subservice organizations when defining our scope?
  7. When you find an issue mid-audit, what's your remediation cadence — same-day flagging, weekly checkpoints, or an end-of-fieldwork rollup?
  8. Do you have surge windows (e.g., Q4 financial-year close) when start dates slip, and how far in advance do we need to lock the engagement to avoid them?

Get a quote from LBMC

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