• Government Contract Consulting
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• Litigation Support, Fraud and Forensic Services
• Industry Specific Services
• Suspension and Disbarment

Third Party Assurance Services

In today’s business environment it is very common to find companies using a variety of business partnerships, such as outsourcing relationships or alliances, to achieve corporate goals and objectives.  These business partnerships can be complex and potentially prone to significant levels of risk.  When an organization makes the decision to outsource aspects of their business to a third party, in particular those functions that are core to their operations, often times the risks of the service organization become the risks of the user entity.  Lack of controls around these relationships creates the environment for a company to face loss of revenue, significant interruption to operations or reputational damage. 

As the trend to outsource increases, as we are seeing with the advent of cloud computing, the demand for trust and transparency increases as companies rely on others to help them achieve their goals and objectives.   As the business landscape grows ever more competitive and complex, the requirement for companies to have comfort over their controls, policies, procedures and data as well as those of their vendors , suppliers and partners is mission critical. 

At Argy we recognize the growing business trend of companies to outsource aspects of their operations.  We recognize the need of companies who are seeking assurance over those aspects of their operations that they have outsourced and that is why we offer assurance services well beyond the financial statement audit. 

Since 1992, Statement on Auditing Standards No. 70 (SAS 70) has been the industry standard for reporting on controls at service organizations.   The accounting industry’s recognition of the increasingly global marketplace of accounting standards setting bodies has increased the focus on aligning US and international standards.  As part of this convergence, Statement on Standards for Attestation Standards No. 16 (SSAE 16) recently replaced SAS 70.  SSAE 16, like the old standard, however only applies to the controls at a service organization that are related to the user entities internal controls over financial reporting.  At Argy, as part of our Third Party Assurance Services practice, we assist clients with assurance services over aspects of operations that are not directly related to the financial reporting cycle.  We provide our clients with non financial statement reports, including SSAE No. 16, agreed upon procedures and other attestations.

Third Party Assurance Services:

• Statement on Standards for Attestation Engagements No. 16 (SSSAE 16 formerly SAS 70)
• Attestation Examination Reports
  • WebTrust (Service Organization Control Report 2)
  • SysTrust (Service Organization Control Report 3)
• Agreed Upon Procedures (AUP) 

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