SSAE 16 Type II Examination
The SSAE 16 is an examination standard that enables independent auditors to evaluate a service organization's internal controls. After an extensive evaluation period, the auditing entity issues a report, which includes the auditor's opinion, a description of the controls placed in operation, and a description of the auditor's tests of operating effectiveness.
The SSAE 16 Type II examination process included a full review of GruntWorx's operations, systems, technology, facilities, and personnel management in order to thoroughly evaluate the company's processes for handling client data. The exam was completed by an authorized third party -- BrightLine CPAs & Associates, Inc.
SSAE16, which supersedes the SAS 70 audit standard, is the adopted version of the International Standards for Assurance Engagements (ISAE) No. 3402, Assurance Reports on Controls at a Service Organization, for use in the United States. Statement on Standards for Attestation Engagements (SSAE) No. 16, Reporting on Controls at a Service Organization, was finalized by the Auditing Standards Board of the American Institute of Certified Public Accountants (AICPA) in January 2010.