Shelton, Conn. (PRWEB) September 17, 2009
The successful completion of its 2009 service auditor's review, commonly known as a SAS 70 audit, of its General Controls Supporting the Remote Backup and Recovery Hosting Solutions, by a nationally recognized independent auditing firm, was announced by Computer Alternative Processing Sites (CAPS), Inc., a leading provider of first class total IT solutions for small and medium businesses (SMB) and enterprise organizations.
This is part of CAPS' continued commitment to maintaining a high level of internal control. CAPS' management understands the ever increasing importance of corporate governance, as well as the relationship between the IT services offered by CAPS and our clients' internal controls. Along with the conclusion of its 2009 SAS 70 Type II audit, CAPS has established a consistent audit plan moving forward. The company also has engaged its service auditor to a long-term contract, whereby its secure facilities in Shelton, Connecticut and Duluth, Georgia will undergo an annual Type II audit.
SAS 70 is an acronym for the American Institute of Certified Public Accountants (AICPA) Statement on Auditing Standard (SAS) No. 70, titled "Reports on the Processing of Transactions by Service Organizations". SAS No. 70 defines the professional standards used by a service auditor to assess the internal controls of a service organization and issue a service auditor's report.
In order to complete the audit, CAPS management developed control objectives for the significant areas of internal control that support the General Controls Supporting the Remote Backup and Recovery Hosting Solutions. The control objectives in the Year report addressed each of the following areas:
- Physical Security
- Environmental Protection
- Network Monitoring, Problem Escalation and Support
- Data Communications
- Client Setup
CAPS' service auditor performed extensive testing of the control activities that have been implemented by CAPS to help ensure that our control objectives are met.
CAPS management recognizes that Sarbanes-Oxley legislation has placed an increased focus on the internal controls of valued business partners. The SAS 70 audit report is designed to provide clients with a certain level of assurance regarding the controls that are maintained by CAPS management.
The SAS 70 report addresses all five components of internal control outlined in the Sarbanes-Oxley legislation, namely the control environment, risk assessment activities, control activities, information and communication systems, and monitoring activities. The report's structure is intuitive; its design enables it to be incorporated well with clients' Sarbanes-Oxley compliance programs.
"Our dedication to a SAS 70 Type II audit plan moving forward is more than acknowledging it is a "must have" qualification for data center and workstation facilities in today's IT environment, " said Peter J. Messina, senior vice president and chief operating officer of CAPS. "It is a commitment to our clients. As an integral part of their team, we must insure that they can fully rely on CAPS fluency in compliance regulations and that our systems meet and/or exceed clients' internal governance needs."
About Computer Alternative Processing Sites (CAPS), Inc.
CAPS has flexible, scalable IT infrastructure total solutions for small and medium businesses (SMB) and enterprise clients. They house real-time production or backup, disaster recovery and business continuity operations at our first-class data centers and workstation facilities. CAPS carrier/vendor-neutral facilities offer custom colocation packages, various levels of managed services, disk-to-disk data backup, mobile recovery support, secured 7x24 access and numerous top telecom vendors. CAPS serves clients in the northeast and southeast regions. Please visit us at http://www.capsbrs.com.
CAPS Media Relations:
P: (646) 643 9081
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