(Gawkwire.com) Following a detailed, independent assessment of internal controls for company-wide policies and procedures, Codero has completed its first SAS 70 review. SAS 70 Type I certification evaluates the current state of a service provider’s control environment and effectiveness in meeting control objectives. This structured, multi-step process focused on the following areas:

Operations and control environment
Monitoring and risk assessment
Information systems and general computer controls
Control of access to computer programs and security of data
Control of new development and changes to existing programs and systems
User responsibilities
SAS 70 – Statement on Auditing Standards (SAS) No. 70, Service Organizations – is a widely recognized auditing standard developed by the American Institute of Certified Public Accountants (AICPA), which has been in place since 1992. A Type I service auditor’s report provides a description of controls at a specific point in time; a Type II report includes the service organization’s description of controls as well as detailed testing of its controls over a minimum six-month period.

“Completing SAS 70 Type I certification has been an important process for Codero to undertake,” stated Shawn Hashmi, Director, Operations at Codero. “In light of Sarbanes-Oxley and a growing number of state privacy laws and rulings, the audit allows us to be very transparent with customers in demonstrating that we utilize a sound system of internal controls.”

With this in-depth audit now concluded, Codero is pursuing SAS 70 Type II certification for its data center and corporate-wide operations, scheduled for completion by July 31, 2010.

Auditing services for the SAS 70 Type I report were provided by Mayer Hoffman McCann P.C. (MHM) through a strategic association with CBIZ. MHM is an independent public accounting firm specializing in high quality attest and accounting services, including audits, reviews and compilations. CBIZ, with offices in major cities throughout the country, is one of the nation’s leading providers of outsourced business services, providing accounting and tax services; employee benefits and insurance; as well as a wide range of consulting services.

See SAS 70 at Codero for details on the company’s recent SAS 70 Type I audit of control objectives and activities within its Phoenix data center and Overland Park, Kansas corporate headquarters.

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