The American Institute of Certified Public Accounting’s Statement on Auditing Standards 70 (SAS 70) defines professional standards used by an auditor to assess the internal controls of a service provider such as AMR. Type II status is the most rigorous category of certification under this standard.
AMR is the only provider in our industry with SAS 70 Type II certification status, assuring our clients that our fixed asset inventory and reconciliation (FAIR) services meet or exceed these stringent standards. This certification recognizes that AMR follows a tested methodology for the validation and reconciliation of fixed assets.
Auditors review the transactions, policies, controls, and business processes used to build accounting ledgers and financial reports. AMR, on the other hand, performs a wall-to-wall physical audit using bar code technology, reconciling the results with asset financial accounting. Our methodology captures the reality behind the data. The result is an accurate accounting of all fixed assets currently in place. This is a core competency that auditors don’t typically provide.
Take control of your fixed assets – contact us or call 877-401-4639.
Learn more about AMR Certified in SAS 70 Type II Audit Certification.
Take control of your fixed assets – contact Asset Management Resources by completing the form below or call 877-401-4639. Once submitted, your information will be sent to an AMR professional in who will contact you to discuss your inquiry.
We value your privacy and will keep all your information completely confidential.
After 16 years of experience, 65% of fixed asset data is usually inaccurate and incomplete.
Quickly learn if a material weakness potentially exists related to your fixed asset Sarbanes-Oxley compliance.
Dispel any uncertainty about the financial accuracy of your fixed asset records.
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