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AmCheck Completes SAS 70 Audit Compliance For All Divisions

Released on = April 6, 2006, 2:53 am

Press Release Author = AmCheck

Industry = Human Resources

Press Release Summary = AmCheck, national provider of Professional Employee
Organization (PEO) Services and Payroll Services today completed the SAS 70 Audit
Compliance, which is an internationally recognized, auditing standard developed by
AICPA. With SAS 70 AmCheck will be able to reveal their control activities and
processes to its customers and their auditors in a uniform reporting format.

Press Release Body = 06-04-2006. Phoenix based AmCheck, national provider of ASO
(Administrative Service Organization) and Payroll Services announced today they have
completed the rigorous Statement on Auditing Standards (SAS) No. 70.

In today\'s global economy, service organizations or service providers must
demonstrate that they have adequate business controls and safeguards when they host
or process data belonging to their customers.

A SAS 70 is an internationally recognized auditing standard developed by the
American Institute of Certified Public Accountants (AICPA) because it represents
that a service organization has been through an in-depth audit of their business
control activities, which generally include controls over information technology and
related processes.

SAS No. 70 is the authoritative guidance that allows service organizations like
AmCheck to disclose their control activities and processes to their customers and
their customers\' auditors in a uniform reporting format. A SAS 70 examination
signifies that a service organization has had its control objectives and control
activities examined by an independent accounting and auditing firm. A formal report
including the auditor\'s opinion (\"Service Auditor\'s Report\") is issued to the
service organization at the conclusion of a SAS 70 examination.

SAS No. 70 is generally applicable when an auditor (\"user auditor\") is auditing the
financial statements of an entity (\"user organization\") that obtains services from
another organization (\"service organization\"). Service organizations that provide
such services could be application service providers, bank trust departments, claims
processing centers, Internet data centers, or other data processing service bureaus.

Some of the information above is based on the AICPA’s audit guide entitled “Service
Organizations, Applying SAS No. 70, As Amended”. The audit guide is designed to
provide guidance to auditors of companies that use service organizations as well as
service auditors who perform SAS 70 examinations.

For more information, please contact David Blackman, Corporate Marketing Director,
at david.blackman@amcheck.com or info@amcheck.com.



Web Site = http://www.amcheck.com

Contact Details = Address:
AmCheck
10201 S. 51st Street Phoenix AZ, 85044

Phone:
1-888 AMCHECK

Email:
info@amcheck.com

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