How much does a SOC 2 audit cost?
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For a 1–10-person SaaS team with a simple system and controls ready, $7,000 to $10,000 is a useful Type 2 audit budget when shopping among lower-cost specialists. Type 1 starts with a $5,000 to $7,000 planning budget. These are budget-shopping scenarios, not market averages. Software, preparation, and testing cost extra when your proposal excludes them. For broader comparisons, the directory reference bands are $16,000 to $50,000 for specialist Type 2 work, $30,000 to $80,000 for full-service CPA firms, and $60,000 to $200,000 for Big Four firms. All figures are USD.
Are SOC 2 audits required?
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No law generally requires every company to obtain a SOC 2 report. The practical requirement usually comes from a customer, contract, or procurement process. If nobody has asked, compare the specialist and Big Four bands above with the specific revenue or risk the report would address before committing budget.
What factors affect SOC 2 audit pricing?
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Organization group is a large pricing signal in our directory, but two proposals are comparable only when the scope and team are comparable. Other drivers include the report type and period, Trust Services Criteria, system complexity, entities and locations, readiness, sampling effort, remediation, and the written change-order rules.
How long does a SOC 2 audit take?
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A SOC 2 audit usually takes about 2–3 months once scope, controls, and evidence are ready. End-to-end, plan about 3–6 months for Type 1 and 6–12 months or more for a first Type 2. Type 2 takes longer because it covers control operation over an agreed period, commonly 3, 6, or 12 months.
How much does the annual SOC 2 renewal cost?
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There is no reliable universal renewal percentage. A repeat engagement may cost less when the scope, systems, controls, and audit firm remain stable, but changes can erase that advantage. Ask each firm to price the initial report and the likely next-year Type 2 engagement against the same assumptions.
Can we do a SOC 2 audit ourselves?
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You can prepare the controls, policies, system description, and evidence internally. You cannot issue the attestation yourself: an independent licensed CPA firm must perform the examination and sign the SOC 2 report.
How long is an auditor's SOC 2 quote valid?
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Use the expiration date written in the proposal; there is no universal validity period. Treat the quote as subject to re-scoping if the report type, Trust Services Criteria, system boundary, headcount, locations, or target period changes before the engagement starts.
Is penetration testing included in SOC 2 audit cost?
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Usually not. Our current add-on range is $8,000 to $30,000, but a proposal may bundle or exclude the work. Confirm the test type, application and network scope, retest policy, deliverables, and testing provider as separate line items before comparing totals.
How much does a SOC 2 audit cost for a startup?
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Our lean-startup scenario uses $7,000 to $10,000 for Type 2 or $5,000 to $7,000 for Type 1: 1–10 people, a simple SaaS system, Security only, and controls ready for testing. The lower-cost specialist budget is checked against anonymized quote patterns. It is not a firm quote or the price most startups necessarily pay. Agree the Type 2 observation period in writing.
Is a SOC 2 Type 1 cheaper than Type 2?
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Usually within a like-for-like proposal, because Type 2 adds operating-effectiveness testing. It is not true across every market quote: the bands overlap and organization group, scope, systems, and readiness can dominate. Specialist Type 1 currently runs $10,000 to $35,000 and specialist Type 2 $16,000 to $50,000 in our directory data.
How much does a SOC 2 Type 2 cost?
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For a small, prepared SaaS team shopping among lower-cost specialists, use $7,000 to $10,000 as a starting budget. The broader directory reference bands are $16,000 to $50,000 for specialists, $30,000 to $80,000 for full-service CPA firms, and $60,000 to $200,000 for Big Four firms. They cover different scopes and are not minimum fees. The observation period and written inclusions matter when comparing proposals.
How much does a SOC 2 Type 1 certification cost?
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Buyers searching that phrase usually mean the Type 1 audit fee. Specialist Type 1 estimates are $10,000 to $35,000; Big Four Type 1 estimates are $40,000 to $140,000. Type 1 tests control design at a specified date. There is no separate Type 1 certificate fee.
What's the cheapest legitimate SOC 2 audit?
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There is no reliable market-wide minimum. Small-scope offers can cost less than our planning scenarios, sometimes with a required platform or a short Type 2 observation period. Check the signing CPA firm, peer-review record, report period, inclusions, and independence. Confirm that your customer will accept the proposed report before buying.
Does SOC 2 cost include the readiness assessment?
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Not automatically. Readiness is a distinct phase and may be a separate contract, a line item, or a bundled service. Ask who performs it, what the deliverable is, whether the provider preserves independence, and whether remediation or re-testing is included.
How much does SOC 2 certification cost?
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SOC 2 is an attestation, not a certification, so there is no separate certification fee. Buyers using that phrase may mean either report: specialist Type 1 estimates are $10,000 to $35,000 and specialist Type 2 estimates are $16,000 to $50,000, before readiness, software, testing, remediation, and internal labor.
Does a SOC 2 audit cost more in Australia or the UK?
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There is no reliable universal country premium. Quotes depend on firm, scope, systems, locations, currency, taxes, team model, and the professional requirements that apply to the engagement. Compare the converted total and inclusions rather than applying a fixed percentage to a US estimate.