November 30, 2017
Evergreen Professional Recoveries, Inc., an agency specializing in skilled recovery, today announced that they have successfully completed a System and Organization Controls (SOC) 1® Type I Audit examination for their Accounts Receivable System. Evergreen Professional Recoveries, Inc. retained international CPA and business advisory firm, Skoda Minotti, for its SOC 1® audit work. Skoda Minotti was selected after an intensive search based on their reputation as a leading risk advisory and compliance firm.
Ben Osbrach, CISA, CISSP, CICP, CCSFP, QSA partner-in-charge of Skoda Minotti’s risk advisory group says, "We were excited to work with Evergreen from the very start. They are an intriguing organization delivering high quality services and their business adds to our growing SOC reporting practice."
SOC 1® engagements are performed in accordance with the American Institute of Certified Public Accountants' SSAE 18, Statement on Standards for Attestation Engagements (SSAE) No. 18, Reporting on Controls at a Service Organization. The SOC 1® Type I examination is performed by an independent auditing firm and is intended to meet the needs of the management of user entities and the user entities' auditors, as they evaluate the effect of the controls at the service organization on the user entities' financial statement assertions. These reports are important components of user entities' evaluation of their internal controls over financial reporting for purposes of complying with laws and regulations such as the Sarbanes-Oxley Act and the user entities' auditors as they plan and perform audits of the user entities' financial statements.
Skoda Minotti’s testing of Evergreen’s control environment included examination of their policies and procedures regarding physical security, computer operations, information security, data communications, and accounts receivable processing. Upon completion of the examination, Evergreen received a Service Auditor’s Report with an unqualified opinion demonstrating that their policies, procedures, and infrastructure controls were suitably designed and operating effectively to achieve the related control objectives throughout the examination period.
"The successful completion of our SOC 1® Type I examination audit provides Evergreen's clients with the assurance that the controls and safeguards we employ to protect and secure their data are in line industry standards and best practices," said Kenneth A. Ross, CEO.
About – Evergreen Professional Recoveries, Inc.
Evergreen was founded in 1986 as an alternative to the increasingly unsatisfactory performance of companies within the collection industry. The Company's objective was to establish an agency that clients could rely on to be efficient, reliable, conscious of the client's image and reputation, and skilled at recovery.
The Company was founded upon the belief that the keys to success in any business endeavor include professionalism, teamwork and customer service. This philosophy is the cornerstone of Evergreen today, confirmed by a loyal customer base and consistent growth.
The scope of services ranges from large regional and national concerns to smaller, local businesses comprising a wide variety of industries. We maintain the same standard of excellence for all our clientele, regardless of size.
About – Skoda Minotti
Skoda Minotti is a Certified Public Accounting Firm based in Cleveland, OH offering a variety of tax, finance, and business advisory services in virtually every area of business. The Risk Advisory practice specializes in SOC Reporting, PCI DSS Compliance, HIPAA Compliance and HITRUST validation, FISMA, NIST, and other regulatory information security assessments. Staff in Skoda Minotti’s Risk Advisory hold several industry certifications including Certified Information Systems Auditor (CISSA), Certified Information Systems Security Professional (CISSP), Qualified Security Assessor (QSA), GIAC Penetration Tester (GPEN), and GIAC Web Application Penetration Tester (GWAPT). For more information about Skoda Minotti's Risk Advisory Services, please visit risk.skodaminotti.com.