AFR Successfully Completes SOC 2 Type II Audit

AFR Successfully Completes SOC 2 Type II Audit

March 5, 2019
American Financial Resources Inc. (AFR) has added its USDA Renovation program to its suite of specialty loan programs
American Financial Resources (AFR) has announced that it has successfully completed its SOC 2 Type II audit. This attestation provides evidence that AFR has a strong commitment to deliver high-quality services to its clients by demonstrating they have the necessary internal controls and processes in place.
“For the last 20 years, our industry success has been built upon the trust and confidence of our customers, clients and suppliers.” said Bill Packer, Executive Vice President and Chief Operating Officer, American Financial Resources. “This attestation is independent validation and further proof of our ongoing commitment to hold ourselves to the highest of industry standards, which enable us to provide best-in-class service to all those we serve.”
SOC 2 engagements are based on the AICPA’s Trust Services Criteria. SOC 2 service auditor reports focus on a service organization’s non-financial reporting controls as they relate to security, availability, processing integrity, confidentiality, and privacy of a system. KirkpatrickPrice’s service auditor report verifies the suitability of the design and operating effectiveness of American Financial Resources’ controls to meet the standards for these criteria.
“The SOC 2 audit is based on the Trust Services Criteria. American Financial Resources has selected the security and availability categories for the basis of their audit,” said Joseph Kirkpatrick, President of KirkpatrickPrice. “American Financial Resources delivers trust-based services to their clients, and by communicating the results of this audit, their clients can be assured of their reliance on American Financial Resources’ controls.”