I.C. System Again Completes SAS 70 Type II Audit and ISO 27002 Assessment

Agency continues to demonstrate standards for security of client data

St. Paul, Minn. (February 12, 2009) – I.C. System announced it has again successfully completed a SAS 70 Type II Audit and an ISO 27002 Assessment.

Developed by the American Institute of Certified Public Accountants (AICPA), a SAS (Statement on Auditing Standards) 70 Audit provides an in-depth audit of internal control activities, including controls over information technology and related processes. The requirements of Section 404 of the Sarbanes-Oxley Act of 2002 make a SAS 70 Audit even more significant in the process of reporting on effective internal controls within service organizations. I.C. System has completed the audit annually since 2005.

The ISO 27002 Assessment covers 11 major areas, including: Business Continuity Planning, System Access Control, System Development & Maintenance, and Physical & Environmental Security. I.C. System has completed the assessment each year beginning in 2005.

“Accounts receivable management service providers must demonstrate they have adequate controls and safeguards in place when they host or process data belonging to their clients,” said Kurt Heinbigner, I.C. System’s CFO. “Our annual completion of both the SAS 70 Type II Audit and ISO 27002 Assessment demonstrates a very clear commitment to this objective. It is crucial that our clients know their transactions are processed in a secure manner and quality reviewed with proper internal controls.”

The SAS 70 Type II Audit and ISO 27002 Assessment were conducted by McGladrey & Pullen LLP.

Additional Data Security Achievements:

• Completed audits to be a Certified Agency through ACA’s Professional Practices Management System (PPMS) program. Certification recognizes ethically responsible and legally compliant agencies.

• Completed a Payment Card Industry (PCI) audit for companies that accept and store credit card information.


Copyright © 2009 I.C. System. All rights reserved.

Back to News Releases.