|By PR Newswire||
|January 21, 2014 04:50 PM EST||
TAMPA, Fla., Jan. 21, 2014 /PRNewswire/ -- KirkpatrickPrice announced today that they have been selected by the DBA International Certification Council as an "Approved" Independent Third Party Auditing Firm for the performance of Compliance Audits. KirkpatrickPrice was among the first four firms chosen to conduct these audits. Jessie Skibbe, Director of Compliance at KirkpatrickPrice, has earned the designation of Certified Receivables Compliance Professional (CRCP) after completing the educational requirements of DBA International's Debt Buyer Certification Program.
The DBA International Debt Buyer Certification Program consists of a company-based designation and an individual-based designation for debt buyers who meet prescribed continuing education and background criteria.
Company certifications are granted to companies who comply with 19 uniform standards based on industry best practices. These standards address account documentation, chain of title, consumer complaint and dispute resolution, statute of limitation compliance, vendor management, credit bureau reporting, resale, and other relevant operational procedures. Individual certifications will be required for each certified company's chief compliance officer.
Compliance with the standards will be monitored through independent third party audits such as those being offered by KirkpatrickPrice. Allegations of non-conformity may be investigated, and penalties for failing to conform to standards could result in disciplinary action.
About DBA International
DBA International is the nonprofit trade association that represents the interest of companies that acquire distressed asset portfolios on the secondary market. DBA provides its members with networking, educational, and legislative advocacy opportunities through an annual conference, an executive summit, regional seminars, state and regional committees, newsletters, webinars, teleconferences, and other media. DBA promotes uniform industry standards of best practices through the Debt Buyer Certification Program and a code of conduct. Adherences to both are required for DBA membership. DBA is headquartered in Sacramento, California.
KirkpatrickPrice is a licensed CPA firm, registered with the PCAOB, employing Security and Compliance Specialists who are uniquely qualified to help those in the ARM industry, and has a combined experience of over 40 years of working with the ARM industry. Their dedicated accounts receivables team holds the following certifications: CPA, CISSP, CISA, QSA, CGEIT, CIA, CRISC, CRCP, ISO Lead Auditor, and CCCO. KirkpatrickPrice delivers assurance reports on compliance with industry regulations such as CFPB, SSAE 16/SOC 2, PCI DSS, ISO 27001, FISMA, GLBA, and HIPAA/HITECH Security Controls.
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