VANCOUVER, WA (May 8, 2015)— The InterProse Corporation, a Vancouver, Washington-based creator of cloud software applications for accounts receivable and debt management, announced it has recently completed its examination in conformity with Statement on Standards for Attestation Engagements (SSAE) No. 16, Reporting on Controls at a Service Organization that was performed by an independent accounting and auditing firm.
Completion of the SSAE 16 Type I examination indicates InterProse’s processes, procedures and controls have been formally evaluated by an independent accounting and auditing firm. The examination included the company’s controls related to: The Suitability of Design of Controls.
“We care about our clients and want them to be successful and we’re serious about what we do,” said Matthew Hill, InterProse’s President/CEO. “Going through this type of examination, where an outside auditing firm reviews the methodology we use to develop, test and deploy software, assures our current and future clients that InterProse and our data center partners follow best practices and that the systems and controls we have in place are secure and effective.”
SSAE 16 is designated by the U.S. Securities and Exchange Commission (SEC) as an acceptable method for a user entity’s management to obtain assurance about service organization internal controls. In addition, the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 make SSAE 16 reports even more important to the process of reporting on effective internal controls by public companies.
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