What Happens If You Fail a SOC 2 Audit? (2026 Guide)
What happens if you fail a SOC 2 audit? Learn the real-world consequences, how to create a remediation plan, and steps to get your next clean report.
MGO (Macias Gini O'Connell) is a mid-tier SOC 2 audit firm in Los Angeles, CA, USA that charges $30K–$80K for Type II audits with 8–20 week fieldwork-to-report timelines. Founded in 1987, they hold 1 accreditations and specialize in Technology, Cannabis, Entertainment, and 12 more. Their pricing is in the mid-range compared to the mid-tier average of $28.7K–$76K.
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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.
Note: Pricing shown is estimated based on typical engagements. Use our SOC 2 cost calculator for a personalized estimate.
Timeline: The 8–20 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.
of Mid-tier firms charge more for Type II.
of Mid-tier firms have longer minimum timelines.
listed certifications. Tier average: 2.
Side-by-side pricing, timeline, and certification counts for the 5 closest-priced peers in the mid-tier tier.
| MGO (Macias Gini O'Connell) | AAFCPAs | Anders CPAs + Advisors | Bennett Thrasher | Dannible McKee | FinAudit CPA | |
|---|---|---|---|---|---|---|
| Type II Cost | $30K–$80K | $30K–$80K | $30K–$80K | $30K–$80K | $30K–$80K | $30K–$80K |
| Type I Cost | $20K–$60K | $20K–$60K | $20K–$60K | $20K–$60K | $20K–$60K | $20K–$60K |
| Timeline | 8–20 wk | 6–12 wk | 8–20 wk | 8–20 wk | 8–20 wk | 6–12 wk |
| Team Size | 500-620 | 350–1000 | 380–410 | 480–510 | 100–115 | 100–1000 |
| Certifications | 1 | 3 | 1 | 1 | 2 | 2 |
| Founded | 1987 | 1973 | 1965 | 1980 | 1978 | 2010 |
For buyers in Technology and Cannabis, MGO (Macias Gini O'Connell) fits the mid-tier profile when timeline (8–20 weeks) and Type II pricing ($30K–$80K) align with what mid-tier firms typically deliver.
Companies in specialized industries such as cannabis, entertainment, sports, and media seeking audit and assurance alongside deep industry expertise from a 500+ person national CPA firm and BDO Alliance member.
BDO Alliance member with specialized practices in cannabis, entertainment/sports/media, and tribal nations, combined with broad assurance, tax, and consulting capabilities across 500+ professionals.
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Visit MGO (Macias Gini O'Connell)'s website directly, or get an anonymous quote through us. Tell us your scope, MGO (Macias Gini O'Connell) replies with a price, a timeline, and why they'd be a fit. Anonymous until you pick.
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15 industries. Mid-tier average: 6.
1 certifications. Mid-tier average: 2.
Proprietary
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MGO (Macias Gini O'Connell) SOC 2 Type I audits typically range from $20K to $60K. Type II audits range from $30K to $80K. This is in the mid-range 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.
The 8–20 week range is MGO (Macias Gini O'Connell)'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.
MGO (Macias Gini O'Connell) has deep expertise in Technology, Cannabis, Entertainment, Sports, Media, Biotech, Life Sciences, Financial Services, Real Estate, Manufacturing, Distribution, Nonprofit, Government, Hospitality, Automotive. They are best suited for Companies in specialized industries such as cannabis, entertainment, sports, and media seeking audit and assurance alongside deep industry expertise from a 500+ person national CPA firm and BDO Alliance member.
MGO (Macias Gini O'Connell) holds 1 accreditations: AICPA.
MGO (Macias Gini O'Connell) uses Proprietary for their audit engagements. Reports are delivered via Digital delivery.
MGO (Macias Gini O'Connell) is a mid-tier SOC 2 audit firm founded in 1987 with 39 years of experience. BDO Alliance member with specialized practices in cannabis, entertainment/sports/media, and tribal nations, combined with broad assurance, tax, and consulting capabilities across 500+ professionals. They are best suited for organizations that need technology, cannabis, entertainment expertise.
MGO (Macias Gini O'Connell) is headquartered in Los Angeles, CA, USA. They serve clients across the United States and can conduct SOC 2 audits remotely.
Compared to the 47 mid-tier firms in our directory, MGO (Macias Gini O'Connell)'s Type II pricing ($30K–$80K) is in the mid-range (tier average: $28.745K–$76.043K). They hold 1 certifications vs. the tier average of 2. Their minimum timeline of 8 weeks is comparable to the tier average.
MGO (Macias Gini O'Connell) is best suited for Companies in specialized industries such as cannabis, entertainment, sports, and media seeking audit and assurance alongside deep industry expertise from a 500+ person national CPA firm and BDO Alliance member. Their key differentiator is: BDO Alliance member with specialized practices in cannabis, entertainment/sports/media, and tribal nations, combined with broad assurance, tax, and consulting capabilities across 500+ professionals.
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.
Tell us your scope. MGO (Macias Gini O'Connell) replies with a price, a timeline, and why they'd be a fit. Anonymous until you pick.
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