Report demonstrates LeaseQuery’s commitment as a safe and secure software solution.
ATLANTA – May 19, 2022 — LeaseQuery, a leading provider of software built to simplify the complexities of accounting, today announced its completion of the SOC 1 Type 2 Examination performed by an independent Big 4 public accounting firm. The company completes SOC 1 Type 2 examinations with its independent public accounting firm twice per year to accommodate customers with varying year-end calendars. The examination is available for customers using the company’s ERP-agnostic product and their external financial statement auditors.
“The journey to complete our SOC examination twice per year is just one more way to confirm that we take strict measures to ensure our internal controls are both effective and reliable,” said Joe Schab, LeaseQuery President and COO. “Businesses need assurance that their provider is focused on maintaining a comprehensive suite of internal controls so that our customers can rely on the outputs generated from our software.”
Developed by the American Institute of Certified Public Accountants (AICPA), the SOC 1, or Service Organization Control report, is an examination of controls at a service organization relevant to user entities’ internal control over financial reporting. LeaseQuery prioritizes working with an independent public accounting firm to complete the examination of controls under the SOC 1 Type 2 AICPA standards.
Along with its SOC 1 Type 2 examination, LeaseQuery continues to enhance its technology offerings by adding additional layers of accounting coverage to its platform. Find out why LeaseQuery is rated #1 for user satisfaction and ease of use for lease accounting software here.
LeaseQuery makes accountants’ lives easier by simplifying the complex with technology. More than 28,000 financial professionals globally rely on our cloud-based, CPA-approved solutions and in-house accounting expertise to comply with confidence across various FASB, GASB and IASB accounting standards. Our software helps businesses minimize risk, increase efficiency and reduce costs. Learn more about LeaseQuery’s core platform, which focuses on easing the mandatory transition to and ensuring ongoing compliance with ASC 842, IFRS 16, GASB 87 and GASB 96, or explore additional accounting tools. For more information, visit LeaseQuery.com.
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