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Boulay Group
- Licensed CPA firm — can issue (sign) a SOC 2 report
- AICPA peer review: Pass · 2022-06-01 to 2023-05-31 · View AICPA record →
Boulay Group is a mid-tier SOC 2 audit firm in Minneapolis, MN, USA that charges $25K–$50K for Type II audits with 3–6 week fieldwork-to-report timelines. Founded in 1934, they hold 3 accreditations and specialize in ESOP-owned companies, Financial Services, Manufacturing, and 1 more. Their pricing is below average compared to the mid-tier average of $28.7K–$76K.
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How Much Does Boulay Group Charge for SOC 2?
Estimated Type 1 and Type 2 ranges, placed against the broader mid-tier peer set. Numbers are directional; final pricing depends on scope, Trust Services Criteria, evidence quality, and observation period.
- Type I Cost
- $15K–$30K
- Type II Cost
- $25K–$50K
- Timeline
- 3–6 wk
- Team Size
- 250-350+
- Report Delivery
- Standard audit cycles
- Response Time
- Standard business hours
Type II Pricing Position
Note: Pricing shown is estimated based on typical engagements. Use our SOC 2 cost calculator for a personalized estimate.
Timeline: The 3–6 week figure is the audit fieldwork-to-report window once evidence is ready, not the full engagement. A SOC 2 Type II also requires an observation period, typically 3–12 months depending on scope, before that window begins.
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- Pricing context
- 96%
- Timeline context
- 98%
- Certifications
- 3
of Mid-tier firms charge more for Type II.
of Mid-tier firms have longer minimum timelines.
listed certifications. Tier average: 2.
Compare Boulay Group with Similar Mid-tier Firms
Side-by-side pricing, timeline, and certification counts for the closest-priced peers in the mid-tier tier.
| Boulay Group | Forvis Mazars | RSM Ebner Stolz | BDO Canada | Crowe Global | Mazars Germany | |
|---|---|---|---|---|---|---|
| Type II Cost | $25K–$50K | $25K–$55K | $25K–$55K | $28K–$55K | $25K–$58K | $25K–$58K |
| Type I Cost | $15K–$30K | $15K–$30K | $15K–$30K | $18K–$32K | $15K–$32K | $15K–$32K |
| Timeline | 3–6 wk | 5–12 wk | 5–13 wk | 5–13 wk | 5–13 wk | 5–13 wk |
| Team Size | 250-350+ | 35000–45000 | 600–800 | 4500–4700 | 4000–6000 | 200–300 |
| Certifications | 3 | 3 | 2 | 3 | 3 | 3 |
| Founded | 1934 | 2024 | 1974 | 1921 | 1942 | 1945 |
Boulay Group Industry Fit
For buyers in ESOP-owned companies and Financial Services, Boulay Group fits the mid-tier profile when timeline (3–6 weeks) and Type II pricing ($25K–$50K) align with what mid-tier firms typically deliver. Their 3 active accreditations, including PCAOB, extend that fit beyond pure SOC 2 into adjacent compliance frameworks.
Who Should Hire Boulay Group?
Midwest companies, ESOP-owned businesses, organizations seeking established regional firm with 90+ years experience
What Makes Boulay Group Different?
Founded 1934, 300+ employees including 100+ CPAs and 45 partners, 4 locations, B Corp certified (ethical standards), offers SOC 1/2/3 plus Microsoft SSPA attestations, fixed fee pricing model
Is Boulay Group Right for You?
- You're on a tight deadline — they can start and deliver in as few as 3 weeks
- You're in financial services with regulatory audit requirements
- You value an established firm with 92+ years of audit experience
of 3 criteria match. Get a personalized quote
Industries served
Engage Boulay Group
Visit Boulay Group's website directly, or get an anonymous quote through us. Tell us your scope, Boulay Group replies with a price, a timeline, and why they'd be a fit. Anonymous until you pick.
Industries, certifications, and platforms.
Tags below are preserved as crawlable text because they drive industry, accreditation, and GRC-platform comparisons across firm pages.
What Industries Does Boulay Group Serve?
4 industries. Mid-tier average: 6.
What Certifications Does Boulay Group Hold?
3 certifications. Mid-tier average: 2.
Audit Platform
Traditional audit approach
Boulay Group SOC 2 Audit FAQ
Firm-specific answers generated from the directory record and preserved in FAQPage schema.
How much does a SOC 2 audit from Boulay Group cost?
Boulay Group SOC 2 Type I audits typically range from $15K to $30K. Type II audits range from $25K to $50K. This is below average for mid-tier firms — the mid-tier tier average is $28.745K–$76.043K. Final pricing depends on your organization's scope, number of trust service criteria, and system complexity.
How long does a SOC 2 audit take with Boulay Group?
The 3–6 week range is Boulay Group's audit execution and report-delivery window once evidence is available. It is the fieldwork-to-report window, not the full engagement. A SOC 2 Type II also requires an observation period, typically 3–12 months depending on scope, before that window begins, while a Type I is a point-in-time assessment with no observation period. Actual timelines depend on readiness, scope, and evidence availability. They offer accelerated timelines for organizations that are audit-ready.
What industries does Boulay Group specialize in?
Boulay Group has deep expertise in ESOP-owned companies, Financial Services, Manufacturing, Professional Services. They are best suited for Midwest companies, ESOP-owned businesses, organizations seeking established regional firm with 90+ years experience
What accreditations does Boulay Group hold?
Boulay Group holds 3 accreditations: AICPA, CPA Firm, PCAOB.
What audit platform does Boulay Group use?
Boulay Group uses Traditional audit approach for their audit engagements. Reports are delivered via Standard audit cycles.
Is Boulay Group a good SOC 2 auditor?
Boulay Group is a mid-tier SOC 2 audit firm founded in 1934 with 92 years of experience. Founded 1934, 300+ employees including 100+ CPAs and 45 partners, 4 locations, B Corp certified (ethical standards), offers SOC 1/2/3 plus Microsoft SSPA attestations, fixed fee pricing model They are best suited for organizations that need esop-owned companies, financial services, manufacturing expertise.
Where is Boulay Group located?
Boulay Group is headquartered in Minneapolis, MN, USA. They serve clients across the United States and can conduct SOC 2 audits remotely.
How does Boulay Group compare to other mid-tier SOC 2 auditors?
Compared to the 47 mid-tier firms in our directory, Boulay Group's Type II pricing ($25K–$50K) is below average (tier average: $28.745K–$76.043K). They hold 3 certifications vs. the tier average of 2. Their minimum timeline of 3 weeks is faster than the tier average.
Who should hire Boulay Group for a SOC 2 audit?
Boulay Group is best suited for Midwest companies, ESOP-owned businesses, organizations seeking established regional firm with 90+ years experience Their key differentiator is: Founded 1934, 300+ employees including 100+ CPAs and 45 partners, 4 locations, B Corp certified (ethical standards), offers SOC 1/2/3 plus Microsoft SSPA attestations, fixed fee pricing model
Questions to Ask Boulay Group Before Hiring
A buyer-side checklist. Bring these to your first call — the answers separate firms that have run hundreds of SOC 2 engagements from firms that are bidding on them.
- Your team is sized at 250-350+. How many auditors will be assigned to my engagement, and who is the engagement lead — a partner, a senior manager, or a staff auditor?
- You quote 3–6 weeks. What pushes a project to the longer end of that range, and what does "audit-ready on day one" look like to you?
- Your Type II range is $25K–$50K. What's included at each end, and what scope changes would push pricing above the top of that range?
- We've talked to similar firms in the mid-tier tier. What's a question buyers like us should be asking that they usually don't?
- Who reviews and signs the report on your side — is that a partner-level CPA, and how involved are they during fieldwork versus only at sign-off?
- How do you handle subservice carve-outs (e.g., AWS, GCP, Azure) versus inclusive subservice organizations when defining our scope?
- When you find an issue mid-audit, what's your remediation cadence — same-day flagging, weekly checkpoints, or an end-of-fieldwork rollup?
- Do you have surge windows (e.g., Q4 financial-year close) when start dates slip, and how far in advance do we need to lock the engagement to avoid them?
Get a quote from Boulay Group
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