Successfully Upholding All Standards For An SOC 1-SSAE 16 Type II Audit By The AICPA
Service Organization Controls (SOC) is a series of accounting standards that measure the control of financial information for a service organization. They are covered under both the SSAE 16 and the ISAE 3402 professional standards. In a fifty page audit report, the American Institute of CPAs evaluated each system, policy and practice in place to determine at the most granular level that CheckIssuing.com is operating in an ethical, sustainable and suitable manner that is aligned with industry best practices.
“Obtaining SOC accreditation is not a simple process, and over the course of several months we complied with numerous requests for access from auditors,” said Mark Greenspan, founder of CheckIssuing.com. “We authorized AICPA access to our systems for an SOC 1-SSAE 16 Type II audit ensure the strength of our core company processes, internal procedures and data management controls. In the end it was a worthwhile endeavor that has validated our business methods and enhanced our ability to provide industry leading solutions for all of our clients.”
A summary of the SOC 1-SSAE 16 Type II audit report is available upon the request of new or existing clients, showing many of the rigorous tests conducted by auditors and the complete satisfaction of each requirement to surpass the thresholds necessary to achieve full accreditation.
“Trust has always been the single most important part of our business, as it is with virtually any business,” explained Mr. Greenspan. “Having this additional certification in place is yet another way our company can continue to demonstrate our diligence and our daily effort to earn the trust of every entity we work with internally or externally on behalf of our clients. We maintain the highest level of transparency and will continue to evolve each phase of our operations toward the goal of becoming a perfect partner for every company seeking a payment processing solution that is simple and effective at every step from start to finish.”
For more information about the many ways Checkissuing can streamline your business payment services, visit us and to learn more about the SOC process, click the certification seal now proudly displayed on the company website.
Re-posted from PR Web: