iSYS successfully re-audited according to IDW PS 951 Type 2

What is IDW PS 951 Type 2 auditing?

IDW PS 951 is an auditing standard issued by the Institute of Public Auditors in Germany (IDW). At its core, this standard examines the effectiveness of an internal control system (ICS) at service providers. While type 1 merely assesses the existence and design of the controls, type 2 goes one step further: it examines over a longer period of time whether these controls are actually implemented effectively.

For companies like ours that offer IT services and customised software development, the trust of our customers in the security and quality of our services is essential. Auditing in accordance with IDW PS 951 Type 2 proves that our control mechanisms are not only well thought out, but also function reliably in practice over a longer period of time.

Why is this audit important?

The IT world is evolving rapidly and it is essential to protect sensitive data and ensure smooth business processes. By being audited in accordance with IDW PS 951 Type 2, we demonstrate that we as an IT service provider are able to master these challenges with confidence.

For our customers, this means increased transparency and security. They can rest assured that our internal processes have been reviewed and optimised to ensure maximum reliability and compliance. This applies not only to data protection, but also to compliance with regulatory requirements and standards, which are becoming increasingly important.

What does this mean for iSYS?

The successful re-audit is clear proof of our commitment to quality assurance and risk management. It shows that we have robust internal controls in place that are continuously monitored and improved. This provides us with a stable foundation for further growth and means we are ideally equipped to meet the increasingly complex requirements of our customers and the industry.

This audit strengthens our relationship of trust with our customers, partners and also our employees. It emphasises our position as a reliable partner in IT consulting and software development and enables us to maintain the highest standards in the future.

Looking ahead

The IDW PS 951 Type 2 re-audit is not only a success for us, but also a motivation to continue to offer the highest quality and security in our services. We will continue to do everything we can to optimise our internal control systems and processes in order to further expand our position as a trustworthy and innovative IT service provider.