BRENTWOOD, Tenn., Oct. 18, 2011 /PRNewswire/ -- Confirmation.com, the world's leading provider of secure audit confirmation services, announced today that it has received a 2011 K2 Annual Quality Award for best Audit Service from K2 Enterprises, a premier provider of technology continuing professional education (CPE). This is the fourth time Confirmation.com has received a K2 Annual Quality Award.
"We are thrilled that our solution has won a K2 Quality Award four years in a row," said Chris Schellhorn, CEO of Confirmation.com. "Making the audit confirmation process more efficient and secure is the main purpose of our business, and to be recognized as the best audit service by K2 Enterprises and by users of Confirmation.com is such an honor."
Today, manual confirmation procedures are inefficient and make it very difficult for auditors to detect and identify financial fraud during a financial audit. Confirmation.com is unique because it makes the process much easier and quicker, saving the auditor valuable time. More importantly, it closes the opportunity for someone to circumvent an auditor's confirmation process in an attempt to hide financial fraud.
"Many accounting firms are turning to cloud-based solutions to improve process efficiencies, streamline workflow, and drive down costs," said Val Steed, CEO of K2 Enterprises. "Now more than ever, firms are using tools like Confirmation.com to give their audit staff a better, more efficient way to manage their audit confirmation requests. Confirmation.com is very deserving of this award and we wish them continued success."
Each year, the K2 Annual Quality Awards recognize leading companies that provide technology solutions for the accounting profession. The award winners are selected from an opinion poll of the entire K2 Enterprises instructor team where their votes are influenced by the CPA community user feedback and K2E's consulting and teaching experience.
Confirmation.com is the creator and world's leading provider of secure electronic audit confirmation services. In addition to its bank confirmation solution, the company provides solutions for more than 30 different types of audit confirmations including accounts receivable confirmations. Confirmation.com is the Preferred Provider of Electronic Confirmations for the AICPA Trusted Business Advisor™ Solutions Program and is endorsed by the American Bankers Association. Confirmation.com has received numerous awards including being a multi-year alumnus on the Inc. 500 list (2010 and 2011), CPA Technology Advisor's 2009 Innovation Award and the Readers' Choice Award (2009 and 2010), four-time winner of a K2 Annual Quality Award, and four-time winner of the Future 50 Award. Several hundred In-Network responding companies including all of the Top 10 banks in the U.S. and over 8,000 accounting firms in more than 100 countries trust Confirmation.com for their audit confirmation needs. For more information, visit Confirmation.com.
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