With more than 100 attendees, RBJ recently held a webinar to explain and discuss SSAE 16 and how it relates to compliancy requirements in the escrow/settlement industry.
Jim Jimenez and Tom Roncevich, partners of SSAE 16 Professionals, LLP, a CPA firm specializing in SSAE 16, provided an overview of the SSAE 16 audit process and explained how it aligns with CFPB’s regulatory requirements, ALTA’s Best Practices and EIC’s Model Policy and Procedures.
Hilda Avila, with RBJ marketing, commented on the event.
“We all know there is concern in the industry about these new regulatory requirements, and our webinar helped address those questions and help the SSAE 16 audits to seem less complicated and confusing,” she said. “It was well received, we had many follow up questions, and received lots of good feedback from various attendees.”
RBJ Software, Inc. completed the audit and achieved a SSAE 16 (SOC 1), Type 1 and Type 2. The SSAE 16 is a Statement on Standards for Attestation No. 16, which was developed by the Auditing Standards Board of the American Institute of Certified Public Accountants (AICPA).