Certification verifies Altus’ commitment to best-in-class IT enabled account receivables
Altus Global Trade Solutions announced that it has successfully completed the Service Organization Control (SOC) 1 Type II and SOC 2 Type II audits. These comprehensive certifications verify Altus’ commitment to uphold the strongest accounting and security protocols.
An independent licensed CPA and SOC audit specialist conducted the evaluation of Altus’ controls. SOC 1 certifies that a service organization’s controls are suitably designed and implemented in line with Federal regulations.
“Altus delivers trust based services to our clients, and by communicating the results of this audit, our clients can be confident of their reliance on Altus’ controls,” says Tom Brenan, IV, president Altus Global Trade Solutions. “As a globally recognized ARM firm, maintaining robust compliance operations is a core principle of our business.”
Specifically geared to technology companies, SOC 2 service auditor reports focus on a service organization’s non-financial reporting controls as they relate to security, availability, processing integrity, confidentiality, and privacy. This extensive reporting standard provides independent validation that Altus’ internal control environment operations in accordance with the American Institute of Certified Public Accountants (AICPA) trust services principles and criteria.
“Rightly so, companies are concerned with their security and data privacy,” says Bryan Clancy, executive vice president of sales at Altus, “SOC 2 Type II certification assures our client’s data is secured with a reputable firm who implements data privacy and security controls. Receiving this from an independent specialist further solidifies Altus as a premier service organization.”