SAS70 Audit Review
Accupay APS, LLC Takes Another Step To Insure Your Payroll Remains Confidential and To Insure All Tax Filings and Transactions are Timely and Accurate.
With all the press from some bad payroll service bureaus we wanted to take every precaution to insure you that your payroll will always be accurate, confidential, timely and all taxes properly paid. We have always implemented controls wherever we could to insure your payroll is handled properly every time. Recently we went the extra step to bring in an outside auditor to review and test our internal policies and procedures. The American Institute of Certified Public Accountants has established guidelines for testing those policies and procedures in their Statement of Auditing Standards number 70 (SAS70). SAS70 is the authoritative guidance that allows service organizations to disclose their control activities and processes to their customers and their customers' auditors in a uniform reporting format.
We brought in an independent audit firm from Kansas City who specializes in auditing payroll service bureaus and on August 21, 2007 we completed the audit of our internal controls, policies and procedures, etc. It gives us pleasure to let you know we passed with flying colors.
If any of your businesses are audited, your auditors may request a copy of our SAS 70 audit since we handle such a key part of your payroll functions. Please feel free to have your auditors contact us for whatever information they need regarding our SAS 70 audit.
How does this benefit your Company if you don't need an audit? Every Company outsourcing payroll that gives a service bureau (no matter if it is a large national chain or a smaller payroll service) control to pay their Company payroll taxes, should ask "how do I make sure they are paying my company taxes?" Early in the year we have sent out information on how to register for your own pin # thru the EFTPS so you can periodically check payroll tax deposits. By completing the SAS70 audit we took it one step further to insure we had the necessary internal controls in place surrounding the payroll processing and tax compliance and deposit procedures. The SAS 70 also looks very closely at our information technology and security procedures we have in place. It speaks highly of the emphasis we have placed on the consistency and accuracy of our processes and control.
Reta M. Seals
CEO













