SOC 2 Cost in Australia: What Drives the Price

SOC 2 cost has no single list price. It sits in four places: getting your controls ready, the licensed CPA firm’s examination fee, any compliance tooling, and the internal effort to run controls through the observation period. A Type II costs more than a Type I, and each added Trust Services Criteria widens the bill.

Why is there no published SOC 2 price?

Because SOC 2 is not a product with a fixed scope. It is an attestation report a licensed CPA firm writes against the criteria you choose, over a period you set, for a system you define. Change any of those and the price changes.

There is no certificate to buy and no fixed control list. The report reflects your own commitments, so two companies of the same size can pay very differently depending on how far their controls already sit from the criteria. One has logging, access reviews and a vendor process running; the other is building them from a standing start. The number follows the scope, not the logo.

What actually costs money in a SOC 2?

Most of the spend is not the auditor’s fee. Four lines make up a SOC 2 budget. Readiness and build comes first: the gap analysis, control design, policies and the evidence collection framework, and where controls are immature this is usually the largest line. The licensed CPA firm’s examination fee is separate, paid to the auditor who writes the report, not to the readiness partner. Compliance tooling is optional. And the internal effort to operate the controls across the observation period is the line teams forget. Most organisations budget for the audit and overlook the months of internal work the Type II period demands. The audit is the smallest part of the year.

Cybernion’s SOC 2 readiness covers the gap analysis, control design and documentation, policies, an evidence collection framework and audit support across both stages. The examination itself is a separate engagement with an independent licensed CPA firm. As an indicative guide, readiness and gap work runs about 4 to 8 weeks and a Type II observation period runs 6 to 12 months. Treat both as indicative and scope dependent.

Does a Type II cost more than a Type I?

Yes. A Type I reports on whether controls are suitably designed at a single point in time, while a Type II reports on whether they operated effectively over a period, commonly 3 to 12 months. A Type II means more evidence, more auditor sampling and more internal effort, so it costs more. Most customers ask for Type II, so a Type I is often a stepping stone rather than the destination. If your buyers will only accept a Type II, paying for a Type I first adds cost without removing the later bill.

How do the Trust Services Criteria change the price?

Security, the common criteria, is mandatory in every SOC 2 and sets the floor. The other four, Availability, Processing Integrity, Confidentiality and Privacy, are included only where you make commitments in those areas. Each one you add brings more controls and more evidence, so more cost. Include a category because you genuinely commit to it, not because more looks thorough. Adding Privacy or Processing Integrity for appearance widens the bill for no buyer benefit and gives the auditor more to test. Scope to what your customers actually ask for.

What makes one SOC 2 cost more than another?

The same report can cost very differently depending on a handful of drivers.

Cost driverWhat pushes the price up
Report typeA Type II over a period costs more than a point in time Type I
Criteria in scopeSecurity is the floor; each added Trust Services category widens controls and evidence
Readiness gapThe further current controls sit from the criteria, the larger the build
System scopeMore in scope systems, environments, locations and people means more to assess
Observation periodA longer Type II window, closer to 12 months than 3, means more evidence and effort
Compliance toolingAn automation platform adds a subscription but can cut evidence collection effort
RenewalSOC 2 is renewed each cycle, so it is recurring, not a one off

What does it cost to keep a SOC 2?

SOC 2 is not a one off. A Type II covers a defined period, so the report ages and is renewed, usually each year, with a fresh examination each cycle. Between reports you carry the cost of running the controls, collecting evidence and any tooling subscription. The second year is rarely free. If you are weighing SOC 2 against the international standard, see ISO 27001 vs SOC 2, a certifiable management system on a three year cycle rather than an annual attestation. Budget for the renewal before you sign the first engagement, and start from the SOC 2 guide for the full picture.

Frequently asked questions

Is SOC 2 a one off cost?

No. A SOC 2 report covers a point in time for a Type I or a defined period for a Type II, and organisations renew it, usually each year, with a fresh examination. Treat it as a recurring cost, not a single purchase.

Is the auditor’s fee the biggest part of a SOC 2 budget?

Usually not. Where controls are immature, the readiness and build work, plus the internal effort to operate controls through the observation period, costs more than the licensed CPA firm’s examination fee.

Does Cybernion publish SOC 2 pricing?

No. SOC 2 cost is scoped by the report type, the Trust Services Criteria in scope, the size of the system and how far your controls already sit from the criteria. We scope a proposal once those are clear.

Does SOC 2 cost more than ISO 27001?

They are different instruments, so there is no single figure. SOC 2 is an annual attestation against your own control commitments; ISO 27001 is a certifiable management system on a three year cycle. The cost of each depends on scope.


Written by Gaurav Vikash, an ASD endorsed IRAP assessor and senior cyber security leader with 18 years of experience across Australia, the UK and Asia, including CISO and senior security leadership roles. He holds CISSP, CISA, CISM and CRISC and is an ISO 27001 and ISO 42001 Lead Implementer, and speaks regularly at industry conferences.

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Sources:

  1. AICPA, 2017 Trust Services Criteria (2022 revised points of focus), 2022
  2. AICPA, SOC 2 reporting guidance, 2026
  3. AICPA, mapping the 2017 Trust Services Criteria to ISO 27001, 2022

Last updated: 21 June, 2026