CLEVELAND, Feb. 10, 2011 /PRNewswire/ -- Vantage Agora, a global provider of back-office support services and custom IT solutions, today announced that it has achieved the Statement of Auditing Standards No. 70 (SAS 70) Type II Audit after an extensive review by independent auditor, Frost, PLLC.
SAS 70 is a widely recognized auditing standard developed by the American Institute of Certified Public Accountants (AICPA). The audit completion represents that a service organization has been through an in-depth audit of their control objectives and control activities, which often include controls over information technology and related processes.
In today's global economy, service organizations and providers must demonstrate that they have adequate controls and safeguards established when they host or process data belonging to their customers. Vantage Agora is found to have this assurance.
"From day one part of our mission has been to deliver a leading edge solutions for our managed services to clients. They count on us to keep their data secure and 100% available. SAS 70 is another validation of our design and implementation of a secure technology environment," said Sudhir Achar, CEO & Founder of Vantage Agora.
"As a SAS 70 Type II compliant company, our clients can receive a detailed report guaranteeing the value of their investment in our services. We are proud to give them another reason to have full confidence in Vantage Agora," he added.
SAS 70 provides guidance to enable an independent auditor to issue an opinion on a service organization's description of controls through a Service Auditors Report, which follows established AICPA's standards for fieldwork, quality control and reporting. In addition, the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 make SAS 70 reports even more important to the process of reporting on the effectiveness of internal control over financial reporting.
Vantage Agora is a global provider of back-office services, custom IT solutions and consulting services for small to mid-size companies in the insurance, finance, healthcare and manufacturing sectors. As a SAS 70 Type II audited organization, Vantage Agora utilizes advanced data processing and multilayer quality control systems on a secured network to ensure efficient, comprehensive management of back-office functions such as payroll, accounting, financial and administrative tasks. Founded in 2004, Vantage Agora has offices in Cleveland and Dallas. Visit Vantage Agora online (www.vantageagora.com) for more details about its services.
SOURCE Vantage Agora