ATLANTA, GA, August 1, 2006 - Digital
Assurance Certification (DAC) has received the American
Institute of Certified Public Accountant (AICPA) WebTrust
Seal of Assurance based on the AICPA Business Practices/Processing
Integrity Principle. WebTrust Business Practices/Processing
Integrity Criteria requires that an entity discloses
its business practices for electronic commerce, executes
transactions in conformity with such practices, and
maintains effective controls to provide reasonable assurance
that electronic commerce transactions are processed
completely, accurately and in conformity with its disclosed
business practices. The seal is displayed on DAC's web
site at www.dac-ey.com.
DAC, an Ernst & Young LLP Company,
specializes in continuing disclosure reporting for municipal
securities issuers. DAC provides issuers with an electronic
platform for reporting and disseminating ongoing information
to the investing public. Issuers may file material events,
annual audit information or other pertinent information
online in real time. All information entered is electronically
filed with the required information repositories and
simultaneously made available free of charge to interested
investors. DAC's web-based platform provides one source
for accurate information for a municipal security issue.
The WebTrust seal was awarded by Independent Software
Certification (ISCI), a CPA firm licensed by the AICPA
to provide WebTrust services. According to Robert L.
Kilby, Managing Partner for ISCI WebTrust and SysTrust
engagements, "municipal securities issuers doing
business with DAC can be assured that adequate controls
are in place and are operating effectively around DAC's
business practices and transaction processing".
"The universal WebTrust standards for Business
Practices/Transaction Integrity provide online businesses
with the best practices they are looking for in the
marketplace," said Anthony Pugliese, Vice President
of Member Innovation at the AICPA. "Customers want
to know that their transactions are handled accurately,
completely, promptly and securely. WebTrust for business
practices/transaction integrity provides that assurance,
all the while helping e-business reach its full potential".
FOR IMMEDIATE RELEASE: CONTACT:Marilyn
Campbell
LOCAL CPA EARNS CERTIFIED INFORMATION
TECHNOLOGY PROFESSIONAL DESIGNATION
Atlanta, GA - March 2, 2001; Independent
Software Certification, LLP has been awarded the Certified
Information Technology Professional (CITP) designation
by the American Institute of Certified Public Accountants
(AICPA).
The CITP designation, established by the AICPA, is
awarded to CPAs with significant experience in information
technology strategic planning, implementation, management,
and business strategies for information systems. The
CPA/CITP serves as the bridge between management and
technology department, leveraging the CPA's strategic
and business skills.
"Market research reveals that business owners
and executives need impartial guidance in making strategic
technology-related decisions," says Gary Boomer,
former chair of the AICPA Technology Executive Committee.
"Currently, no particular professional owns this
space. This is where the CPA with the AICPA CITP designation
will provide valuable service.
" Mr. Kilby met the requirements to earn the designation,
including CPA certificate, evidence of his technology
business experience and life-long learning activities.
Experience and learning include the areas of information
technology strategic planning; information systems management;
systems architecture; business application and e-business;
security; privacy and contingency planning; system development,
acquisition, and project management; system auditing
and internal control; databases and database management.
CPAs who have earned the CITP designation must re-certify
their accreditation every three years. To do so, they
must document their involvement in technology services
and complete a prescribed amount of related life long
learning activities during this three-year period.
The AICPA is the national professional association
of CPAs with more than 350,000 members in public practice,
business and industry, government and education.
FOR IMMEDIATE RELEASE CONTACT:Marilyn
Campbell
INDEPENDENT SOFTWARE CERTIFICATION, LLP. OFFERS CPA
WebTrust TO ALLAY CONSUMER CONCERNS ABOUT INTERNET TRANSACTIONS
Atlanta, GA - December 12, 1999; Independent
Software Certification, LLP is offering a new service,
known as CPA WebTrust that will provide consumers with
assurances regarding the companies with which they do
business on the World Wide Web
With CPA WebTrust, CPAs will be extending their historical
role as monitors of corporate policies and practices
to specifically examining companies' Web sites on the
Internet. "This is a vital new service to both
consumers and business organizations, because it deals
with security concerns and addresses sound business
practices and controls over transaction integrity and
privacy online during Internet transactions.
Independent Software Certification, LLP will grant
companies that meet the principles and related criteria
with a CPA WebTrust Seal, which demonstrates the company's
ability to maintain the privacy, security and sound
business practices of Internet transactions. Once a
company has received the CPA WebTrust Seal, it is free
to display it on its site as proof of adherence to standard
electronic commerce practices. In order to ensure ongoing
compliance, follow-up reviews will be held at least
90 days. For more dynamic Web sites, the frequency may
be increased. And, each certified site will be linked
to a directory of all sites bearing the seal.
Extensive research underlies the launch of CPA WebTrust
by the American Institute of CPAs (AICPA) - the national
professional organization of CPAs - and the Canadian
Institute of Chartered Accountants, including and AICPA-commissioned
landmark study by Yankelovich Partners on the buying
habits and attitudes of Internet users. The findings
indicate that fear of security breaches and loss or
privacy are major stumbling blocks to purchasing products
or services over the Internet.
In order to ensure adequate training for CPA WebTrust
engagements, and to maintain the standardized criteria
of the service, Independent Software Certification,
LLP was licensed through the AICPA to offer CPA WebTrust.
A special AICPA task force, headed by Everett Johnson
of Deloitte & Touche, was instrumental in the development
of the CPA WebTrust service. According to Task Force
Chair Johnson, "Any CPA who understands information
technology and is interested in offering this service
will be able to bring his or her talents up to speed
relatively quickly. But we also are adamant about the
need for self-policing. This service will uphold the
impeccable standards of the profession. That's just
not negotiable."
According to the Chairman, "CPA WebTrust is a
logical extension of what CPAs have always done. We
look with a totally non-biased eye at a company's financials
and procedures and issue reports as to whether management
is doing what they say they are. That's exactly what
happens with CPA WebTrust. It's just that we're adapting
to the needs of the '90s and beyond."
Additional services include: CPA SysTrust, ISO 9000
implementation and Audit, SEI CMM Process implementation,
Information Systems Development & Training.
