Boulay
Minnesota CPA firm performing SOC 1, SOC 2, and SOC 3 examinations as an independent CPA firm.
Overview
Boulay is a CPA firm with offices in Eden Prairie, Minneapolis, and Mankato, Minnesota that performs SOC 1, SOC 2 (Type 1 and Type 2), and SOC 3 examinations as an independent CPA firm. SOC 2 Type 1 reports evaluate Trust Services Criteria controls at a point in time, while Type 2 reports assess those controls over a period. The firm also offers ISO 27001 compliance services and serves SaaS, cloud data storage, financial services, and IT service organizations.
Strengths
- ✓Explicitly performs SOC reports as an independent CPA firm, satisfying AICPA requirements
- ✓Clear delineation of SOC 2 Type 1 vs Type 2 plus SOC 1 and SOC 3 coverage
- ✓Adjacent ISO 27001 compliance offering for clients needing both frameworks
Consider
- •Smaller regional footprint concentrated in Minnesota
- •HIPAA and PCI DSS not shown as dedicated offerings on the page
Frameworks covered
Regions served
Works with
Boulay is in the audit partner network of these compliance-automation platforms:
Pricing and timeline in context
Based in Eden Prairie, MN, Boulay quotes SOC 2 work in the $10K–$40K band — in line with the boutique median of $10K–$40K across the firms we track. As an AICPA-licensed CPA firm it issues SOC 1, SOC 2 Type 1, SOC 2 Type 2, and ISO 27001 reports directly, and the fee scales with your headcount, the Trust Services Criteria in scope, and any frameworks you bundle. Plan for roughly 6–16 weeks on a Type 2 engagement. Compare it against the full SOC 2 audit cost benchmark before you commit.
Who Boulay is for
Boulay works most often with SaaS and Fintech companies. Startups and first-time buyers that want a fast, affordable, hands-on engagement are the sweet spot.
Frequently asked questions
How much does a Boulay SOC 2 audit cost?
Boulay's SOC 2 engagements typically run $10K–$40K, depending on your headcount, the Trust Services Criteria in scope, and how many frameworks you bundle. Because no firm publishes fixed pricing, request a scoped quote — you can get three matched quotes on identical scope to compare.
How long does a Boulay SOC 2 audit take?
A typical Type 2 engagement with Boulay takes about 6–16 weeks from kickoff to report, plus the observation window itself. Use the timeline calculator to estimate your own schedule.
What frameworks does Boulay cover?
Boulay covers SOC 1, SOC 2 Type 1, SOC 2 Type 2, and ISO 27001. If you need several of these, bundling them into one engagement is usually cheaper than auditing each separately.
Is Boulay an AICPA-licensed CPA firm?
Yes. Boulay is an AICPA-licensed CPA firm, which is a requirement to issue a SOC 2 report — only licensed CPA firms can. It's worth confirming a firm's AICPA peer-review status before signing; see questions to ask a SOC 2 auditor.
Where does Boulay operate?
Boulay is headquartered in Eden Prairie, MN and serves clients across United States. SOC 2 is a US attestation standard, so a US-licensed firm can serve clients wherever they are based.
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