SOC Examinations

SPECIAL ANNOUNCEMENT

BBD's Investment Management Group To Be Acquired By Cohen & Company

We are pleased to announce the exciting news that our firm’s Investment Management Group will be acquired by Cohen & Company. 

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We offer SOC examination services exclusively for investment management industry service providers.

BBD provides readiness assessments and SOC examinations for the fund accounting, alternative investment accounting, and transfer agent functions of investment company service providers.

With the combination of our investment management industry and SOC examination expertise, BBD offers unique value for investment management industry service providers. While many firms offer SOC examination services, most of those firms do not also maintain a significant focus in the investment management industry. And most also will not offer investment management industry experts as senior members of your service team.

Which SOC report is right for my organization?

Generally, it depends on the needs of the end user of the report.

If the report will be used by your customers and their auditors to gain comfort with your organization’s controls related to financial reporting, you need a SOC 1 report. This examination is performed in accordance with SSAE 18.

If the report will be used by your customers and other stakeholders to gain comfort with your organization’s controls outside financial reporting, such as those related to operations or compliance, you need a SOC 2 report. This examination is performed in accordance with AT Section 101. SOC 3 reports also help end users gain comfort with your controls outside financial reporting but are general use reports and are not as detailed and comprehensive as SOC 2 reports.

MEASURING THE VALUE OF THE BBD EXPERIENCE

What Our Clients Are Saying

The BBD client experience is not just a promise in a proposal.

At BBD, we survey our clients regularly.  Monitoring and measuring the value of the BBD client experience on a consistent basis helps us to make improvements that have immediate impact.

The results of our surveys confirm that our clients value collaboration and partnership as much as we do, and that we are delivering on our commitment.

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Interested in SOC Examination services?

Reach out. We'd love to speak with you!

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Setting the PACE
For the Client Experience

Our values drive everything we do at BBD and differentiate us in the commoditized world of audit and tax services.  BBD's professionals are passionate about the distinct industries we serve; authentic in our relationships and communication with our clients; and collaborative in navigating our clients' challenges.  Our commitment to living these BBD core values enables us to deliver an exceptional client experience. We're setting the PACE for client experience quality.