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Shelton, CT Â BasedÂ CAPSÂ Data Center and Work Recovery Facility Successfully Completes SAS 70 Type II 2010 Audit
Shelton, CT -Â June 23, 2010 -Â (PRWEB)Â - Computer Alternative Processing Sites (CAPS), Inc., a leading provider of first class total IT solutions for small and medium businesses (SMB) and enterprise organizations, today announced the successful completion of its 2010 service auditorâ€™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.
This is part of CAPSâ€™ continued commitment to maintaining a high level of internal control. CAPSâ€™ management understands the ever increasing importance of corporate governance, as well as the relationship between the IT services offered by CAPS and our clientsâ€™ internal controls. The 2010 SAS 70 Type II audit is part of an ongoing audit agreement, begun in 2009 with its service auditor, guaranteeing that CAPS secure Shelton, Connecticut facility 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 â€œReports on the Processing of Transactions by Service Organizationsâ€. 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 auditorâ€™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:
CAPSâ€™ 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 reportâ€™s structure is intuitive; its design enables it to be incorporated well with clientsâ€™ Sarbanes-Oxley compliance programs.
â€œOur dedication to our clients is best illustrated by CAPS commitment to an ongoing SAS 70 Type II audit plan. CAPS is an integral part of their team. Therefore, it is imperative that we insure that they can fully rely on our fluency in compliance regulations and that CAPS systems meet and / or exceed our clientsâ€™ internal governance needs,â€ said Peter J. Messina, senior vice president and chief operating officer of CAPS.
The CAPS Shelton CT SAS 70 Type II data center serves the northeast states forming the Boston-New York metro business corridor. CAPS supports clients, from SMB to large enterprises, with colocation, managed services, data backup, workstation facilities, failover and notification communication systems, mobile disaster recovery and DR / BC services.
About Computer Alternative Processing Sites (CAPS), Inc.:
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