MSI News
Mobility Services International Completes SAS 70 Type II Audit
FOR IMMEDIATE RELEASE
Mobility Services International Completes SAS 70 Type II Audit
-Global mobility leader acquires independent assurance over independent controls -
Newburyport, MA (August 4, 2009): Mobility Services International (MSI), a leading provider of global workforce mobility solutions, announced today the completion of a Type II audit, the American Institute of Certified Public Accountants (AICPA) Statement on Auditing Standards No. 70 for service organizations.
Completion of the SAS 70 Type II audit indicates the successful examination and testing of MSI’s processes, controls and procedures over a designated control period. The examination by the independent auditor entailed reviewing MSI’s internal control activities related to day-to-day operations and provided to customers including management of operations and monitoring, system security measures, change management, management of problems and incidents and management of data and backups. SAS 70 is designated by the U.S. Securities and Exchange Commission (SEC) as an acceptable method for a user organization's management to obtain assurance about the service organization's internal controls without conducting customer-specific assessments. The audit was performed by independent Certified Public Accountants, McGladrey & Pullen, LLP, and confirms that as of March 1, 2009 the controls are in place and have been tested.
A service auditor's examination and audit performed in accordance with SAS No. 70 (SAS 70 Audit) is widely recognized, because it represents that a service organization has been through an in-depth audit of the design and implementation of their control objectives and control activities, which includes information technology and related customer facing processes. MSI’s SAS 70 audit also underscores the company’s ongoing commitment to service excellence and its disciplined approach to data center management, network control, security, and application development change control.
Matthew Dickerson, Chief Innovation Officer at MSI commented, “Internally, we always believed that MSI had the very best measures in place from a technology, process, policy, and data security perspective. This opinion from a qualified CPA firm and the test results it contains pertaining to our control objectives confirms what we already knew. It is now simply validated from a best practice and independent auditor’s perspective. Going forward, MSI will continue to make investments and enhancements to our computing operations, business processes, and security measures to ensure the security of our client’s data as well as provide repeatable and scalable services in a manner that is as defect free as can be controlled.”
About Mobility Services International
MSI is the leading independent provider of corporate employee relocation and international assignment management services worldwide. Since 1981, MSI has successfully delivered a complete range of corporate relocation services in more than 160 countries worldwide. MSI’s success is based on core competencies in strategic planning, mobility finance management, applied technologies, process engineering and supply chain management. For more information on MSI, please visit www.msimobility.com.
About McGladrey & Pullen LLP
McGladrey & Pullen LLP (a partner-owned CPA firm) delivers audit and attest services. It operates in an alternative practice structure with RSM McGladrey, a leading professional services firm providing accounting, tax and business consulting services to middle-market businesses. Through separate and independent legal entities, they work together to serve clients’ business needs. Together the companies rank as the fifth largest U.S. provider of accounting, tax and business consulting services (source: Accounting Today), with 8,000 employees in nearly 100 offices. McGladrey & Pullen LLP and RSM McGladrey Inc. are member firms of RSM International, an affiliation of independent accounting and consulting firms.
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MEDIA CONTACT:
Jenn Reichenbacher
Vice President, Marketing
Mobility Services International
+1.978.358.2048
jenn.reichenbacher@msimobility.com
