Boulay Group

Full-service CPA Verified Minneapolis, MN, USA

Licensed CPA firm — can issue a SOC 2 report
AICPA peer review: Pass · Accepted Jan 31, 2024 · Verify at AICPA → ·

Details
Review period: Jun 1, 2022–May 31, 2023 · Record checked: Jun 11, 2026

Boulay Group is a full-service cpaSOC 2 audit firm in Minneapolis, MN, USA. Type II: $25K–$50K. Timeline: 3–6 weeks.

By Peter Korpak · Methodology · Last updated June 11, 2026 · Work at Boulay Group? Suggest an edit →

Type 1 cost

$15K–$30K est.

Type 2 cost

$25K–$50K est.

Timeline

3–6 weeks

Accreditations

3 listed

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Pricing

How Much Does Boulay Group Charge for SOC 2?

Estimated Type 1 and Type 2 ranges, placed against the broader full-service cpa peer set. Numbers are directional; final pricing depends on scope, Trust Services Criteria, evidence quality, and observation period.

Type 1 cost: $15K–$30K
Type 2 cost: $25K–$50K
Timeline: 3–6 wk
Team Size: 250-350+
Report Delivery: Standard audit cycles
Response Time: Standard business hours

Type 2 cost Pricing Position

$2.5K observed market span · est. $450K

Boulay Group: $25K–$50K Full-service CPA avg: $31.67K–$83.106K

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.

How this directory works: we are an independent directory. Firms can pay a flat fee for labeled placement on our lists; we take no cut of audit fees, and payment never changes a firm's rating or who we match a buyer with. Our methodology →

Pricing context: 89%
Timeline context: 97%
Accreditations: 3

Source: soc2auditors.org/auditors/boulay-group/ · compiled and maintained by soc2auditors.org.

Compare

Compare Boulay Group with Similar Full-service CPA Firms

Side-by-side pricing, timeline, and itemized accreditation counts for the closest-priced peers in the full-service cpa organization group. Firm-reported certification totals stay outside this comparison because they are not the same measure.

	Boulay Group	360 Advanced Sponsored	Thoropass Sponsored	Holbrook & Manter	Tanner LLC	Councilor, Buchanan & Mitchell (CBM)
Type II Cost	$25K–$50K	$15K–$80K	$12K–$85K	$20K–$55K	$20K–$55K	$20K–$55K
Type I Cost	$15K–$30K	$15K–$60K	$8K–$15K	$15K–$40K	$15K–$40K	$15K–$40K
Timeline	3–6 wk	3–12 wk	2–6 wk	4–8 wk	4–8 wk	4–8 wk
Team Size	250-350+	51–200	200–250	50–300	99–300	50–300
Itemized Accreditations	3	9	8	1	2	1
Founded	1934	2004	2019	1919	1946	1921

This comparison may include sponsored firms, marked above — only where they're a relevant alternative. How we choose

About

Boulay Group Industry Fit

For buyers in ESOP-owned companies and Financial Services, Boulay Group fits the full-service cpa profile when its 3–6 weeks timeline and Type II pricing ($25K–$50K) align with the buyer's scope. 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

Fit check

Is Boulay Group Right for You?

You're in financial services with regulatory audit requirements
You already use Drata, Vanta and want an auditor who integrates with it

Industries served

SOC 2 auditors for FinTech

Works with these GRC platforms

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.

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Expertise

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. Full-service CPA average: 6.

What Certifications and Accreditations Does Boulay Group List?

3 accreditations. Full-service CPA average: 2.

What GRC Platforms Does Boulay Group Work With?

Audit Platform

Traditional audit approach

Discovery call

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 2 cost range is $25K–$50K. What's included at each end, and what scope changes would push pricing above the top of that range?
You integrate with Drata, Vanta. If our team uses a different GRC tool, what's the evidence-handoff process and does it change your fee?
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?

Verification