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Medical transcription and documentation company completes its first Service Organization Control (SOC) 2 Type II audit
ENGLEWOOD, NJ, April 20, 2016 – Silent Type, Inc., a leading provider of medical transcription and documentation services, announced the successful completion of its first Service Organization Control (SOC) 2 Type II audit.
“Silent Type’s focus on strong internal controls is evident in this report,” says Tim Roncevich, Partner at SSAE 16 Professionals. “The successful completion of this audit is a testament to Silent Type’s integrity, accountability, and its commitment to its customers.”
The American Institute of Certified Public Accountants (AICPA) issued an Interpretation under AT Section 101 permitting service auditors to issue reports that are not specifically focused on internal controls over financial reporting. These reports will now be considered SOC 2 reports and focus on controls at a service organization relevant to the Trust Services principles.
The Silent Type audit was conducted in accordance with the AICPA SOC reporting standards by SSAE 16 Professionals, LLP, which is a full service accounting firm providing SOC 2 Type I and Type II audits. SSAE 16 Professionals evaluated Silent Type’s design and operating effectiveness of internal controls and processes related to the Security and Availability Trust Services Principles. The firm has found that Silent Type has met or exceeded the expectations and is fully compliant to the standard.
About SOC 2 Reports
A SOC 2 report falls under the AICPA AT 101 guidelines and can also be either a Type I or a Type II. Whereas SSAE 16 (SOC 1) reports are used for audits of controls that impact a user organization’s internal controls over financial reporting (ICFR), SOC 2 reports are intended for service organizations whose services do not impact ICFR. The typical users of a SOC 2 report will include prospective clients of the service organization, management of the service organization, and independent auditors providing services to the user organizations. The SOC 2 audit covers operational and/or regulatory compliance controls and follows pre-defined trust services principles and criteria.
About Silent Type, Inc.
Silent Type is a leading provider of medical transcription and documentation management services for health care providers. With more than 30 years of industry experience, the company has earned a reputation for reliability, integrity and responsiveness. Silent Type offers documentation management and archiving, as well as technology that enables clinicians to dictate by iPad, iPhone, iPod Touch, voice recorder or telephone. For more information, please visit www.silenttype.com.
About SSAE 16 Professionals, LLP
SSAE 16 Professionals, LLP is a leading firm specializing in SSAE 16 and SOC 2 audits and readiness assessments. Each of its professionals has more than 10 years of relevant experience at “Big 4” and other large international or regional accounting firms. Each professional is certified as a CPA (Certified Public Accountant), CISA (Certified Information Systems Auditor), CIA (Certified Internal Auditor), CISSP (Certified Information Systems Security Professional), and/or MBA (Master of Business Administration). For more information, please visit www.SSAE16Professionals.com.