Member of Russell Bedford International achieves SAS 70 Type II Audit

Released on: October 18, 2007, 4:38 am

Press Release Author: Kempton Bedell-Harper

Industry: Financial

Press Release Summary: Outsource Partners International, Inc., a member of Russell
Bedford International, successfully passes an audit of its internal processes and
controls for outsourced finance and accounting functions.


Press Release Body: Outsource Partners International, Inc., a member of Russell
Bedford International, announced its successful completion of a SAS 70 Type II
audit. The audit stands as a third-party independent opinion on the effectiveness of
internal controls for outsourced functions such as accounts payable, accounts
receivable, project accounting and financial reporting.

SAS 70, an internationally recognised standard developed and managed by the American
Institute of Certified Public Accountants (AICPA), validates the adequacy of a
service organisation\'s processes and control activities around the hosting and
processing of data. Successful SAS 70 Type II audits assure service providers are
operating in stable and secure environments, and they ensure that controls are being
effectively implemented by testing processes and controls for a period of at least
six months.

Kishore Mirchandani, OPI\'s President, noted: \"The SAS 70 Type II audit serves as a
testament to the high degree of rigor we place around our processes and management
of client data. No matter if we are providing our clients services in the United
States, India or Europe, they can continue to rest assured that their financial
information is handled according to internationally recognised standards of security
and control.\"

Clarence T. Schmitz, OPI\'s Chairman and CEO, added: \"Completion of our SAS 70 Type
II audit provides yet another display of the secure and thorough manner in which OPI
is committed to operating. This audit complements our ISO 9001:2000 and ISO 27001
certifications, and provides credible proof of the strict standards which we follow
every day.\"

For further information, contact Kishore Mirchandani at Outsource Partners
International, Inc. on +91 80 66207777 (India) or +1 212 768 9393 x2525 (USA).
Alternatively, visit the websites at www.opiglobal.com and www.russellbedford.com.

END

Notes to Editors

About Outsource Partners International, Inc.

Outsource Partners International, Inc. (OPI) is a leading professional services firm
dedicated entirely to the provision of finance and accounting outsourcing. OPI
delivers customised business outsourcing solutions that range from single service
functions, such as accounts payable or accounts receivable, to full-service finance
and accounting, including general ledger accounting, SEC financial reporting and
risk management.

OPI has more that 1400 associates operating in its offices throughout the United
States, Europe and India.

Since OPI\'s establishment in 2002, the firm has been a member of the Russell Bedford
International network.

About Russell Bedford International

Russell Bedford International was established in 1983 by a group of medium-sized
independent accounting practices aiming to counter the market dominance of the major
multi-national accounting firms.

Russell Bedford is now a closely-connected global association of independent
accounting and business consultancy firms in key locations around the world, and is
represented by some 200 offices in more than 70 countries in Europe, the Americas,
the Middle East, Africa and Asia-Pacific.

All Russell Bedford affiliates are well-established firms offering international
business advice and services to local and multinational clients. Most provide a
full range of services comprising accounting, auditing, tax advice, general business
guidance and financial consulting. In addition, many have special expertise in
particular fields, such as international taxation or information technology.


Web Site: http://www.russellbedford.com

Contact Details: Kempton Bedell-Harper
Marketing Director
Russell Bedford International
Russell Bedford House
250 City Road, London EC1V 2QQ
United Kingdom
T: +44 (0) 20 7410 0339
F: +44 (0) 20 7459 2337
E: info@russellbedford.com
W: www.russellbedford.com

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