OREANDA-NEWS. April 22, 2008. CYBERPLAT OJSC, creator and operator of the largest payment system in Russia — CyberPlat, has successfully passed operational audit in accordance with the international standards of SAS 70, type I. The SAS 70 standard is a widely recognized auditing standard developed by the American Institute of Certified Public Accountants. It defines requirements for preparation of reports on internal control system of the organizations, which render services. This standard is widely applied in the international practice.

The audit was led by the KMPG Limited company, which enters “a great four” of outstanding auditing and consulting firms.

The audit, under SAS-70 standards, describes and analyzes the purposes and instruments of the internal control when effecting payment system transactions, information interaction, in exercising of corporate procedures, audit of registration operations, condition of information systems and technologies, as well as the control measures, which are necessary for realization on the party of CyberPlat customers.

The auditing company has stated that, during auditing, no considerable disadvantages of control measures has been discovered, and has concluded, that the control measures, analyzed within the limits of auditing, have been designed and introduced in a proper way.

Thus, the well-known auditing company has confirmed, that control measures of CyberPlat meet respective international requirements.