NEWS
BURT & ASSOCIATES IS TYPE II, SAS 70 CERTIFIED
Company Completed Thorough and Stringent Type II Independent Audit
PLANO, TEXAS – June 13, 2006 – Burt & Associates (www.burtcollect.com) a premier provider of back office, accounts receivables and financial services announced that it has received full SAS 70 certification. This fulfills Section 404 of Sarbanes-Oxley, the corporate governance accounting mandate.
Mr. Jerry Curtis, president and CEO of Burt & Associates said that he was very pleased and elated at the SAS 70 certification. “This helps us further serve our Fortune 500 clients by helping them fulfill their financial reporting requirements. As a recognized and preferred service provider, we assure that our clients will not have to perform additional or separate costly audits or assessments.”
SAS 70 is designated by the Securities and Exchange Commission (SEC) as an acceptable method for management to obtain assertions about service organization internal controls without conducting separate assessments. As a result, SAS 70 is a preferred method of providing assurance for service organization clients subject to Section 404 and can still be used for other audit-related purposes as well. The control objectives in the 2006 report addressed each of the following areas:
- Control Environment
- Physical Security
- Environmental Security
- Computer Operations
- Information Security
Mr. Curtis added that the company volunteered for this audit and passed review of all its internal controls, as outlined in the Sarbanes-Oxley legislation, in the first pass. “In fact, we exceeded all internal controls as outlined by Sarbanes Oxley and received a superior report. It is our clients that ultimately benefit from our diligence and attention to their reporting and compliance requirements.”
In an Independent Service Auditor’s Report by Scott Price LLC, a wholly-owned subsidiary of SAS 70 Solutions, Inc., it stated that Cade, LTD, d/b/a Burt & Associates’ controls, that were tested, as described in the auditor’s Testing Matrices, “were operating with sufficient effectiveness to provide reasonable, but not absolute, assurance that the control objectives specified in the Testing Matrices were achieved during the period from September 1, 2005 to March 10, 2006.” The report went on to say that the tested controls, as described, are suitably designed to provide reasonable assurance that the specified control objectives would comply with user organizations or their auditors when applying the controls contemplated in the design of Burt & Associates’ controls.
About Burt & Associates
Burt & Associates is a U.S. and international provider of back office, financial and risk management services to Fortune 500 companies. Headquartered in Plano, Texas, Burt & Associates services clients nationwide and in a variety of industries, including, but not limited to: Advertising, Computers – Hardware, Industry Services, Manufacturing and Wholesale Distribution. Burt & Associates offers a wide array of back office services including: Diplomatic Arbitration, A/R and A/P Management, Risk Management, Investigative Services, Lending for Capital Investment and LEGAL 360˚. Burt & Associates is Type II, SAS 70 certified and accredited by most industry standards including the Commercial Law League of America and the Turnaround Management Association. For more information contact the company at 1/800-755-7111, ext. 210 or www.burtcollect.com.
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