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LeaseTeam Receives SSAE 16 Type II Certification

March 26, 2012, 11:40 AM
Filed Under: Industry News
Related: Accounting, LeaseTeam

Certification Validates LeaseTeam’s dedication to providing the highest levels of security and environmental controls to its customers.

LeaseTeam, Inc., the premier solution provider in the equipment and finance marketplace, is pleased to announce that the company has received the SSAE 16 Type II (Statement on Standards for Attestation Engagements No. 16) certification, awarded by the American Institute of Certified Public Accountants (AICPA).

Assessed by the Moore Group CPA, SOC Audit Specialists, this certification demonstrates LeaseTeam’s commitment to the highest standards of operational excellence for its customers.

“To achieve SSAE 16 compliance is a tremendous accomplishment for LeaseTeam. We understand that our customers rely on LeaseTeam to offer the highest level of security and controls, and this certification confirms it for them,” said Russ Hallberg, Co-founder / President, LeaseTeam.


As of June 15, 2011, SSAE 16 superseded SAS 70 as the audit standard for service organization auditors. SSAE 16 was adopted by the American Institute of Certified Public Accountants (AICPA) in an effort to establish a more uniform reporting standard.

Specifically, SSAE 16 is an attestation standard geared towards addressing engagements conducted by  third party auditors on service organizations for purposes of reporting on the design of controls and their operating effectiveness. As such, SSAE 16 engagements conducted by service auditors on service organizations will result in the issuance of an SSAE 16 report.

LeaseTeam, Inc. has been providing quality software and business solutions to companies in the equipment finance and leasing industry for more than 20 years. LeaseTeam is an industry leader providing exceptional software, support, training and strategic consulting services to more than 250 financial organizations throughout North America. For more information, call (800) 531-5086 or visit

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