W K Webster is proud to confirm its recertification of ISAE 3402 in October 2020. The International Standard on Assurance Engagements 3402 is an assurance report on the controls used by W K Webster in its daily business activities. It is an international assurance standard that prescribes Service Organization Control (SOC) reports, which gives assurance to our global clients that W K Webster has adequate internal controls.
ISAE 3402 was developed by the International Auditing and Assurance Standards Board (IAASB) and is published by the International Federation of Accountants (IFAC). It was first published in December 2009 and supersedes SAS 70. It is also known as "Internal Control Framework over Financial Reporting" (ICFR).
“The ISAE 3402 assurance certification is a positive independent affirmation of the controls and processes we have in place around the management of the service we provide to our clients. It reflects the emphasis W K Webster places on operating a strong control environment and we are proud to be able to demonstrate this transparency and commitment”, said Tim Champkins, CFO of W K Webster.
W K Webster CEO, Anthony Smith, supported Tim’s statement with the following, “As a service organisation to the marine insurance and transit industry, we have an unwavering obligation to demonstrate to our clients the commitment we have in achieving and maintaining the best in class information security and internal system controls. We are able to express this commitment to our clients by obtaining both ISO 27001 and ISAE 3402 certification.”
If you would like to see a copy of the W K Webster ISAE 3402 assurance report, please click here.