NASHVILLE, TN - October 18, 2011 - Confirmation.com, the world's leading provider of secure audit confirmation services, announced today that it has received a 2011 K2 Annual Quality Award for best Audit Service from K2 Enterprises, a premier provider of technology continuing professional education (CPE). This is the fourth time Confirmation.com has received a K2 Annual Quality Award.
"We are thrilled that our solution has won a K2 Quality Award four years in a row," said Chris Schellhorn, CEO of Confirmation.com. "Making the audit confirmation process more efficient and secure is the main purpose of our business, and to be recognized as the best audit service by K2 Enterprises and by users of Confirmation.com is such an honor."
Today, manual confirmation procedures are inefficient and make it very difficult for auditors to detect and identify financial fraud during a financial audit. Confirmation.com is unique because it makes the process much easier and quicker, saving the auditor valuable time. More importantly, it closes the opportunity for someone to circumvent an auditor's confirmation process in an attempt to hide financial fraud.
"Many accounting firms are turning to cloud-based solutions to improve process efficiencies, streamline workflow, and drive down costs," said Val Steed, CEO of K2 Enterprises. "Now more than ever, firms are using tools like Confirmation.com to give their audit staff a better, more efficient way to manage their audit confirmation requests. Confirmation.com is very deserving of this award and we wish them continued success."
Each year, the K2 Annual Quality Awards recognize leading companies that provide technology solutions for the accounting profession. The award winners are selected from an opinion poll of the entire K2 Enterprises instructor team where their votes are influenced by the CPA community user feedback and K2E's consulting and teaching experience.