PeakColo Completes SAS 70 TYPE II AUDIT
Online, October 14, 2010 (Newswire.com) - Denver, Colorado -Denver hosting and server colocation provider, PeakColo, announced that it has successfully completed a SAS 70 Type II audit, which demonstrates independent examination of the effectiveness of internal controls supporting the firm's client services and operations. Completion of the SAS 70 Type II audit indicates that internal processes, procedures and controls have been extensively analyzed by an independent Certified Public Accounting (CPA) firm. The resulting audit report provides PeakColo users reasonable assurance that appropriate internal control objectives related to the services delivered were achieved and operating effectively during the review period that is typically a six month period. PeakColo used the firm of Linford & Company, LLP (http://www.linfordco.com) to complete their audit.
"We chose to invest and participate in this extensive review process to further express our dedication to quality and commitment to our clients", said Luke Norris,Chief Executive Officer at PeakColo. "The audit report assures our clients that they are receiving the highest level of care and control in service delivery through our comprehensive internal controls and processes."
SAS 70 (Statement on Auditing Standards No. 70) is the leading audit standard for evaluation of internal control at service organizations across industries. The SAS No. 70 is widely recognized across industries as it represents that a service provider has been through an in-depth audit of their control objectives and activities including controls over information technology. It was developed by the American Institute of Certified Professional Accountants (AICPA). The SAS-70 audit provides customers with assurance that claims of redundant systems for power, network connectivity, fire suppression and security are accurate. The SAS-70 audit also ensures that documentation of procedures for preventative maintenance are both adequate and in place. PeakColo successfully demonstrated that they have better-than-adequate controls and safeguards in place for hosted customer data, transaction processing and their IT infrastructure overall.