LeaseCrunch® Announces Completion of SOC 1® Type II Audit Examination
LeaseCrunch, a lease accounting software developed by former CPA auditors, announced it has successfully completed a SOC 1® Type II audit examination alongside an ongoing SOC 2® Type II audit, demonstrating its commitment to strong financial reporting controls, security, and calculation accuracy for CPA firms.
LeaseCrunch, the only lease accounting software made by former CPA firm auditors for CPA firm auditors, announced the successful completion of a System and Organization Controls (SOC) 1® Type II audit examination. This achievement is concurrent with the successful completion of an ongoing SOC 2® Type II audit examination.
Ane Ohm, LeaseCrunch Co-Founder and CEO, stated: "CPAs want a lease software solution with strong controls in place to ensure accurate financial reporting, alongside security and calculation accuracy controls. We are happy to offer the assurance of both SOC 1 Type II and SOC 2 Type II reports and, at the same time, demonstrate our commitment to software excellence."