JACKSONVILLE, Fla., July 19, 2012 /PRNewswire/ -- Beeline, a global leader in workforce management solutions, headquartered in Jacksonville, Fl., recently completed a combined SSAE 16 / ISAE-3402 ("SOC 1") examination following an intensive, independent audit by BrightLine CPAs & Associates, Inc.
"The successful completion of the combined SSAE 16 and ISAE 3402 examination is an important component of Beeline's commitment to exceeding the expectations of our customers in regards to operations, compliance and financial reporting," said Doug Leeby, Beeline President. "As one of the first companies in our industry to undergo the combined Type 2 SOC 1 examination, Beeline has once again demonstrated its leadership as a workforce solutions provider, both nationally and globally."
Statement on Standards for Attestation Engagements (SSAE 16), titled Reporting on Controls at a Service Organization, is an attestation standard that establishes the requirements and guidance for reporting on controls at a service organization relevant to user entities' internal control over financial reporting. SSAE No. 16 superseded the SAS 70 audit standard in mid-2011. It is the adapted version of the International Standards for Assurance Engagements (ISAE) No. 3402, titled Assurance Reports on Controls at a Service Organization, for use in the United States.
By obtaining a "combined" report, Beeline is able to meet the reporting requirements of domestic clients as well as any international organizations that prefer reports prepared in accordance with ISAE 3402. In actuality, there is very little difference between a combined report and the standard SSAE 16 report, with the most notable change being additional language within the service auditor's opinion letter and management's assertion.
Headquartered in Jacksonville, Florida, with offices worldwide, Beeline is the market leader in flexible workforce solutions managing active contractors and contingent and project-based labor spend. Through Beeline's ever-expanding global network of local knowledge, we have the tools to partner with you anywhere in the world.
Beeline is a strategic business unit of Adecco Group, the world's leading provider of HR solutions. With more than 33,000 employees and 5,500 offices in more than 60 countries and territories around the world, Adecco Group offers a wide variety of services, connecting more than 700,000 associates with over 100,000 clients every day. For more information on Beeline, visit www.beeline.com.