Annual Stewardship reviews of our performance in the management of our clients’ programs produce an accounting of our activities and the resultant benefits of choosing Hewitt Coleman as the administrator of your program.
Hewitt Coleman invests annually in our program and operational performance standards by engaging accounting professionals to complete a SSAE 16/SOC 1/Type II review of key performance elements that support our Best Practice standards.
SSAE 16 Definition: Statement on Standards for Attestation Engagements (SSAE) No. 16 is an attestation standard put forth by the Auditing Standards Board (ASB) of the American Institute of Certified Public Accountants (AICPA) that addresses engagements undertaken by a service auditor for reporting on controls at organizations (i.e., service organizations) that provide services to user entities, for which a service organization’s controls are likely to be relevant to a user entities internal control over financial reporting (ICFR). And the (SOC 1) Service Organization Controls reports are conducted in keeping with SSAE 16 standards.