Burt & Associates is Type II, SAS 70 Certified for 2nd Straight Year

Burt & Associates announced that it has received full SAS 70 certification for the second year in a row. This fulfills Section 404 of Sarbanes-Oxley, the corporate governance accounting mandate.

SAS 70 is designated by the Securities and Exchange Commission (SEC) as an acceptable method for management to obtain assertions about service organization internal controls without conducting separate assessments. As a result, SAS 70 is a preferred method of providing assurance for service organization clients subject to Section 404 and can still be used for other audit-related purposes as well. The control objectives in the 2007 report addressed each of the following areas:

• Control Environment
• Physical Security
• Environmental Security
• Computer Operations
• Information Security

“This certification continues to help us further serve our Fortune 500 clients by allowing them to fulfill their financial reporting requirements,” stated Mr. Jerry Curtis, president and CEO of Burt & Associates. Mr. Curtis is also very pleased with renewing the SAS 70 certification for Burt & Associates. “As a recognized and preferred service provider, we promise that our clients will not have to carry out additional or separate costly audits or assessments.”

In an Independent Service Auditor’s Report by Price and Schellman, LLC, an Affiliate Company of SAS 70 Solutions, Inc., it stated that Cade, LTD, d/b/a Burt & Associates’ controls, that were tested, as described in the auditor’s Testing Matrices, “are suitably designed to provide reasonable assurance that the specified control objectives would be achieved.  In addition to the procedures they considered necessary to render their opinion, Price and Schellman, LLC obtained evidence about the effectiveness in meeting the related control objectives, “during the period from September 1, 2006, to March 9, 2007.”  The report went on to say that the controls that were tested, as described in the Testing Matrices, were operating with sufficient effectiveness to provide reasonable assurance that the control objectives specified were achieved.