CAPS Successfully Completes SAS 70 Type II 2009 Audit; Shelton and Duluth Facilities" Audit Schedule Established

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:

CAPS Successfully Completes SAS 70 Type II 2009 Audit; Shelton and Duluth Facilities" Audit Schedule Established