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The Complete Payroll Blog

SSAE-16 Compliance and Your Business

Posted by admin | Oct 17, 2013 5:00:26 AM

Q: Why is it important that I use a SSAE-16 Type II compliant payroll organization?

A: SSAE 16, also called Statement on Standards for Attestation Engagements 16, is a regulation created by the Auditing Standards Board (ASB) of the American Institute of Certified Public Accountants (AICPA) for redefining and updating how service companies report on compliance controls.

SSAE 16 replaced SAS 70 which was effective from April 1992 until June 2011.

How is it different?

SSAE 16 requires the management of the service company, such as Complete Payroll Processing, to provide documentation to the auditor that our services and any and all operational activities that affect the service's customers are in compliance.

So, why is it important for you to work with a SSAE 16 Type II compliant service provider?

Overall, SSAE-16 Type II certification can eliminate worry over an audit to your company.

In addition:

  • SSAE-16 Type II demonstrates that a service provider, such as CPP, has undergone an independent in-depth audit, including testing of the control activities over its payroll services. A Type II report not only includes the service organization’s description of controls, but also includes detailed testing of the service organization’s controls.
  • SSAE-16 Type II continued endorsement helps provide credible proof that your businesses’ critical data is secure.
  • SSAE-16 Type II is designated by the U.S. Securities and Exchange Commission (SEC) as an acceptable method for management to obtain assertions about service organization internal controls without conducting separate assessments.

For more information, call CPP at 888.237.5800 or visit our website.

Written by admin

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The materials and information available at this website and included in this blog are for informational purposes only, are not intended for the purpose of providing legal advice, and may not be relied upon as legal advice.  The employees of Complete Payroll are not licensed attorneys. This information and all of the information contained on this website are provided pursuant to and in compliance with federal and state statutes. It does not encompass other regulations that may exist, including, but not limited to, local ordinances. Complete Payroll makes no representations as to the accuracy, completeness, currentness, suitability, or validity of the information on this website and does not adopt any information contained on this website as its own. All information is provided on an as-is basis.  Please consult an attorney to obtain advice with respect to any particular question or issue.