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LBMC
- Licensed CPA firm — can issue (sign) a SOC 2 report
- AICPA peer review: Pass · 2024-06-01 to 2025-05-31 · View AICPA record →
LBMC is a national SOC 2 audit firm in Nashville, TN, USA that charges $20K–$60K for Type II audits with 26–52 week fieldwork-to-report timelines. Founded in 1984, they hold 4 accreditations and specialize in Healthcare and claims processing, Financial services, Cloud service providers, and 5 more. Their pricing is below average compared to the national average of $39.7K–$103.5K.
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How Much Does LBMC Charge for SOC 2?
Estimated Type 1 and Type 2 ranges, placed against the broader national peer set. Numbers are directional; final pricing depends on scope, Trust Services Criteria, evidence quality, and observation period.
- Type I Cost
- $15K–$45K
- Type II Cost
- $20K–$60K
- Timeline
- 26–52 wk
- Team Size
- 50-150+
- Report Delivery
- 45-60 days after reporting period ends
- Response Time
- Standard
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 26–52 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
- 92%
- Timeline context
- 0%
- Certifications
- 4
of National firms charge more for Type II.
of National firms have longer minimum timelines.
listed certifications. Tier average: 2.
Compare LBMC with Similar National Firms
Side-by-side pricing, timeline, and certification counts for the closest-priced peers in the national tier.
| LBMC | Thoropass Sponsored | MNP LLP | Armanino LLP | CBIZ (formerly Marcum LLP) | RubinBrown | |
|---|---|---|---|---|---|---|
| Type II Cost | $20K–$60K | $12K–$30K | $25K–$55K | $15K–$40K | $40K–$100K | $40K–$100K |
| Type I Cost | $15K–$45K | $8K–$15K | $15K–$32K | $10K–$20K | $25K–$50K | $25K–$80K |
| Timeline | 26–52 wk | 2–6 wk | 4–12 wk | 3–12 wk | 4–9 wk | 6–14 wk |
| Team Size | 50-150+ | 200–250 | 8000–10000 | 2000–3000 | 10000–11000 | 1000–5000 |
| Certifications | 4 | 8 | 2 | 7 | 9 | 1 |
| Founded | 1984 | 2019 | 1958 | 1969 | 1951 | 1952 |
This comparison may include sponsored firms, marked above — only where they're a relevant alternative. How we choose
LBMC Industry Fit
For buyers in Healthcare and claims processing and Financial services, LBMC fits the national profile when timeline (26–52 weeks) and Type II pricing ($20K–$60K) align with what national firms typically deliver. Their 4 active accreditations, including HITRUST Assessor, PCI DSS QSA, ISO 27001 Lead Auditor, extend that fit beyond pure SOC 2 into adjacent compliance frameworks.
Who Should Hire LBMC?
Healthcare and PE-backed mid-market organizations needing SOC reports plus parallel HITRUST, ISO 27001, PCI DSS, NIST, or CMMC assessments under one roof
What Makes LBMC Different?
Top-50 US accounting firm with an integrated cybersecurity practice covering SOC 1/2/3, HITRUST (one of the nation's leading HITRUST assessors), ISO 27001, NIST 800-171/53, PCI DSS, CMMC, and HIPAA — supported by 1,000+ professionals across 7 US offices plus a Chennai delivery team
Is LBMC Right for You?
- You need HITRUST + SOC 2 bundled in a single engagement
- You handle payment data and need PCI DSS + SOC 2 together
- You're in healthcare and need HIPAA-aware auditors
- You're in financial services with regulatory audit requirements
- You're a SaaS company going through SOC 2 for the first time
- You value an established firm with 42+ years of audit experience
of 6 criteria match. Get a personalized quote
Industries served
Engage LBMC
Visit LBMC's website directly, or get an anonymous quote through us. Tell us your scope, LBMC 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 LBMC Serve?
8 industries. National average: 7.
What Certifications Does LBMC Hold?
4 certifications. National average: 2.
Audit Platform
Proprietary
LBMC 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 LBMC cost?
LBMC SOC 2 Type I audits typically range from $15K to $45K. Type II audits range from $20K to $60K. This is below average for national firms — the national tier average is $39.722K–$103.472K. 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 LBMC?
The 26–52 week range is LBMC'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.
What industries does LBMC specialize in?
LBMC has deep expertise in Healthcare and claims processing, Financial services, Cloud service providers, SaaS and technology companies, Data centers and hosting providers, Private equity portfolio companies, Manufacturing and distribution, Real estate. They are best suited for Healthcare and PE-backed mid-market organizations needing SOC reports plus parallel HITRUST, ISO 27001, PCI DSS, NIST, or CMMC assessments under one roof
What accreditations does LBMC hold?
LBMC holds 4 accreditations: AICPA, HITRUST Assessor, PCI DSS QSA, ISO 27001 Lead Auditor. This is above average for national firms, indicating broad certification capabilities.
What audit platform does LBMC use?
LBMC uses Proprietary for their audit engagements. Reports are delivered via 45-60 days after reporting period ends.
Is LBMC a good SOC 2 auditor?
LBMC is a national SOC 2 audit firm founded in 1984 with 42 years of experience. Top-50 US accounting firm with an integrated cybersecurity practice covering SOC 1/2/3, HITRUST (one of the nation's leading HITRUST assessors), ISO 27001, NIST 800-171/53, PCI DSS, CMMC, and HIPAA — supported by 1,000+ professionals across 7 US offices plus a Chennai delivery team They are best suited for organizations that need healthcare and claims processing, financial services, cloud service providers expertise.
Where is LBMC located?
LBMC is headquartered in Nashville, TN, USA. They serve clients across the United States and can conduct SOC 2 audits remotely.
How does LBMC compare to other national SOC 2 auditors?
Compared to the 36 national firms in our directory, LBMC's Type II pricing ($20K–$60K) is below average (tier average: $39.722K–$103.472K). They hold 4 certifications vs. the tier average of 2. Their minimum timeline of 26 weeks is comparable to the tier average.
Who should hire LBMC for a SOC 2 audit?
LBMC is best suited for Healthcare and PE-backed mid-market organizations needing SOC reports plus parallel HITRUST, ISO 27001, PCI DSS, NIST, or CMMC assessments under one roof Their key differentiator is: Top-50 US accounting firm with an integrated cybersecurity practice covering SOC 1/2/3, HITRUST (one of the nation's leading HITRUST assessors), ISO 27001, NIST 800-171/53, PCI DSS, CMMC, and HIPAA — supported by 1,000+ professionals across 7 US offices plus a Chennai delivery team
Questions to Ask LBMC 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 50-150+. 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 26–52 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 $20K–$60K. 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 national 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 LBMC
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