HA&W’s ComplianceSuccess Program Continues to Certify Title Agencies as Compliant with ALTA Best Practices
Seven more title agencies certified as compliant in January 2016
March 2, 2016- HA&W, LLP announced today that it has certified seven more title agencies as compliant with ALTA Best Practices. These agencies, along with more than 400 others, have been working with HA&W’s ComplianceSuccess® Program. HA&W worked with ALTA, the AICPA and title agents to develop its distinctive ALTA compliance testing. It was also the first CPA firm in the nation to perform ALTA Best Practices compliance benchmarking, readiness and reporting across all seven ALTA Best Practice Pillars.
AICPA standards allow lenders to directly rely upon attestation engagements such as ComplianceSuccess®. AICPA standards do not, however, allow third parties such as lenders to directly rely upon agreed-upon procedure or consulting engagement certifications provided by many in the ALTA compliance industry. ComplianceSuccess gives title agents a real advantage in the marketplace as well as increased comfort in their own risk management. HA&W’s attestation-level engagements are required to be totally independent, giving lenders even greater confidence in an agent’s compliance.
HA&W provides a wide array of ALTA compliance reports including: CPA reviews, CPA examinations, SOC 1 and SOC 2 reports and ISO 27001 certifications. For a small agency, reviews start as low as $3,750, including a detailed readiness assessment. An examination adds HA&W’s CPA opinion along with increased onsite testing. SOC 1 and SOC 2 reports, along with ISO 27001 certifications, meet the needs of the largest and most sophisticated agencies.
HA&W stands with its clients by only issuing attestation-level ALTA compliance certificates, unlike other CPA firms in the market. Our services are the gold standard, as non-attest reports do not provide an opinion and do not follow the assurance standards of the AICPA.
Firms that have recently achieved ALTA Best Practices certificates through HA&W’s ComplianceSuccess® Program include:
- Caputi Law, LLC
- Crump & Richardson, PLLC
- Frances Casey Lowe, P.A.
- Landmark Title Services, Inc.
- Lyons Title & Trust
- Mayo Land Title Company, Inc.
- Nowlin & Associates, LLC dba Nowlin, Bachuss & Gray Law Firm
“The title agencies and settlement firms that have already achieved compliance with ALTA Best Practices are proactive leaders in their industry,” said Lee Fields, managing director of Business Consulting Services at HA&W. “These businesses are looking to grow through the operational efficiencies achieved by implementing ALTA Best Practices, while at the same time positioning themselves as market front-runners.”
For more information about HA&W’s ComplianceSuccess® Program, visit http://www.compliancesuccess.com or call 1-844-848-6529.
ABOUT HA&W’S COMPLIANCESUCCESS® PROGRAM:
Working with hundreds of companies nationwide on ALTA Best Practices testing and reporting, HA&W, LLP is the leading CPA firm in the nation to provide ALTA Best Practices compliance benchmarking, readiness and certification reporting through its ComplianceSuccess Program. The program provides independent third-party assurance using CPA professional standards on attestation reporting, trusted by banking and financial institutions. Our fast track approach will assess your current level of compliance and provide you with a remediation plan in five business days. Our process delivers the best price point to achieve compliance, offering complete compliance benchmarking and reporting across all seven ALTA Best Practices Pillars. To ensure our ComplianceSuccess Program is in lock step with industry standards and requirements, HA&W is actively involved at the highest level with ALTA, the AICPA, underwriters and most important, our clients.