We were eager to work with Shield Global from the very start. They are an exciting organization delivering high quality services to their clients. - William Holman, CPA, Assure Professional
(PRWEB) July 02, 2018
Shield Global Partners, a leading full-service solutions provider for fleet vehicle leasing companies specializing in determined and qualified loss recovery, has completed a Service Organization Controls (SOC) 1 Type 2 examination. The audit was performed by Assure Professional - a leading cybersecurity, assurance and compliance solutions provider. Shield Global Partners’ Diminished Value Recovery system was examined utilizing the SSAE 18, SOC 1 Type 2, reporting standard as established by the American Institute of Certified Public Accountants (AICPA.)
“We were eager to work with Shield Global from the very start. They are an exciting organization delivering high quality services to their clients,” said William Holman CPA, Assure Professional (Accounting and Audit Partner.)
The SOC 1 Type 2 examination is a recognized compliance standard from the AICPA. The process requires a thorough review of established principal sectors of its policies, procedures, technologies and controls. Compliance is determined by a qualified, independent auditor, who confirms an organization has accurately described its systems and controls, that the described controls are in place, and that the controls are designed to accomplish stated financial control objectives as of a specific date in time.
Shield Global Partners successfully performed the SOC 1 Type 2 audit, demonstrating the design and operating effectiveness of internal control over financial reporting (ICFR.)
Shield Global Partners specializes in leased vehicle monitoring and management, identifying accidents in near real-time. Shield’s custom VIN Monitoring service is just the first step in a full-service operation that provides equity reconciliation and recovery processing from beginning to end. With decades of auto and insurance industry experience, Shield’s seasoned leadership team has written the book on appraisal methodology, which has been adopted by most of the P&C Auto Insurance industry in North America. For more information on Shield’s process and services, visit shieldglobalpartners.com.
About Assure Professional
Assure Professional, a leading cybersecurity, assurance and compliance solutions provider, specializes in providing due diligence, private equity, and accounting services as well as compliance related engagement programs including, SOC 1 (formerly SSAE 16) Audits, SOC 2 + HITRUST Audits, SOC Readiness Assessments, SOC for Cybersecurity, SOC for Vendor Supply Chain, ISO 27001 Assessments and HIPAA/HITECH Assessments. The firm’s leadership team has nearly 70 years of combined business management, operations and related information technology (IT) experience. Headquartered in De Pere, Wisconsin, Assure Professional has implemented business and technology best practices for companies across a variety of industries in US states, as well as Canada, South America, and several European countries. Visit http://www.assureprofessional.com. Assure Professional Social: Facebook, Twitter @assurepro, LinkedIn.
About Shield Global Partners
U.S. based, Shield Global Partners is a leading full-service solutions provider for fleet vehicle leasing companies providing innovative enhancement of determined and qualified loss recovery through data and service solutions including: leased vehicle monitoring and analytics; USPAP compliant automotive appraisals by IAAA certified appraisers; and insurance claim negotiation and recovery. With more than 200 years of combined management and executive leadership experience in the North American Auto and Insurance industries, Shield Global Partners introduces strategic programs that capture maximum returns on assets and resources, driving more to the bottom line. Visit http://www.shieldglobalpartners.com. Shield Global Partners Social: Facebook, LinkedIn.