(Aurora, COLO) – Graebel Relocation Services Worldwide, Inc. has announced that the independent accounting firm, Wipfli LLP, has completed a comprehensive SOC 2 audit that has resulted in a positive result report of the organization’s third party relocation services.
The American Institute of CPAs (AICPA) developed the service organization controls report and tests of operating effectiveness which has replaced the SAS 70 Type I, II. In each of the three consecutive years – 2007, 2008 and 2009 an independent audit of Graebel Relocation Services Worldwide, Inc. received a favorable SAS 70 opinion.
Wipfli LLP confirmed in its SOC 2 Audit Report that the suitability of the Graebel Relocation Services Worldwide, Inc. design and its operating effectiveness of the 254 control areas met the stringent criteria for the security, availability, confidentiality and privacy, along with the processing of integrity principles throughout the audit period of September 1, 2010 to March 31, 2012.
According to Brad Siler, chief financial officer of the Graebel Companies, Inc., “The SOC 2 audit has an expanded scope beyond the former SAS 70 audit and is far more comprehensive. Graebel is dedicated to the implementation and strict enforcement of the highest standards such as those inherent in the SOC 2 for our systems, processes and controls. Our award-winning global mobility service performance, knowledgeable and extensively background checked staff and technology that includes our relocation industry-first apps and portals provide peace of mind to our Fortune 500 clients.”
About Wipfli LLP:
With more than one thousand associates and twenty-two offices in the United States and India, Wipfli LLP (Wipfli) ranks among the top 30 accounting and business consulting firms in the nation. Wipfli is a member of PKF North America, which is a member of PKF International the tenth largest global accounting network in the world. Wipfli has more than 30,000 clients including: Manufacturing companies, construction companies, contractors and developers, real estate companies, health care organizations, financial institutions, insurance companies, nonprofit organizations, units of government, dealerships, and individuals. For several decades Wipfli has also performed the independent audit of the Graebel Companies, Inc. annual report.
About Graebel Companies, Inc.
Founded in 1950, Graebel provides worldwide relocation and move management services, U.S. and international household goods moving and storage services, cargo freight forwarding and commercial office moving and workplace services. On-the-ground services are performed in 153 countries for the Fortune 500 and global 100. The world headquarters is in Aurora, Colorado and Graebel centers are located throughout the U.S., and in Prague, the Czech Republic, and Singapore. The Graebel Companies, Inc., divisions include: Graebel Relocation Services Worldwide, Inc., Graebel Movers International, Inc., Graebel Commercial Services, Graebel Van Lines, Inc., Graebel Movers, Inc., and Move Management, Inc. The privately-held company boasts a strong balance sheet, an extensively background-checked and trained employee workforce, and a business intelligence reporting and management system that include portals and apps. Graebel has been ranked the #1 relocation company in the ‘HRO Today’ Baker’s Dozen in 2010 and 2011. To learn more visit: www.graebel.com.
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