Auditing Basics: What is a Gap Analysis?

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KirkpatrickPrice
Published at : 20 Jan 2021
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If it’s your first time pursuing compliance for any framework -- whether it’s SOC 1, SOC 2, PCI DSS, HIPAA, GDPR, etc. – we strongly recommend beginning your engagement with a gap analysis. Why? Because at KirkpatrickPrice, we’re committed to helping our clients get the most out of their audit, which means that we don’t want you to fail due to lack of preparation. That’s why our gap analysis service is specifically designed to help you prepare for the audit so that you can meet your compliance goals. How does the gap analysis process work? Organizations will be partnered with one of our senior-level expert Information Security Specialists and an Audit Support Professional to identify any operational, reporting, and compliance gaps and will then offer advice on strategies for remediation. Ultimately, gap analyses ask and answer, “How are we doing compared to what regulations require?”
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KirkpatrickPrice is a licensed CPA firm, PCI QSA, and a HITRUST CSF Assessor, registered with the PCAOB, providing assurance services to clients in more than 48 states, Canada, Asia, and Europe. The firm has over 13 years of experience in information security and compliance assurance by performing assessments, audits, and tests that strengthen information security and internal controls. KirkpatrickPrice most commonly provides advice on SOC 1, SOC 2, PCI DSS, HIPAA, HITRUST CSF, GDPR, ISO 27001, FISMA, and CFPB frameworks.

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