TONBELLER Software IDW PS 880-Certified! | FICO TONBELLER

TONBELLER Software IDW PS 880-Certified!

KPMG audited TONBELLER Siron® solutions to certify the compliance with consistently maintained sound accounting practice and other statutory requirements.

KPMG, the renowned audit, tax and advisory firm, has audited the software solutions Siron®AML, Siron®Embargo, Siron®KYC, and Siron®RAS according to the stringent standards of the German Institut der Wirtschaftsprüfer (IDW) (Institute of Public Auditors in Germany). The IDW standard for software products that the audit was based on, viz. IDW PS 880, especially focuses on accountancy requirements. It not only includes the critical evaluation of the functionality but also development, quality assurance, and documentation of the software.

The audit comprises specific statutory regulations from German law (HGB, KWG, GWG, and AO) as well as IDW RS FAIT 1 which stipulates the principles of good accounting in information technology. Furthermore, KPMG has tested Siron® solutions for additional user-specific criteria, e.g. up-to-date check lists, white-listing, configurable check strategy, fuzzy logic, scoring processes, resubmission, and measure handling.

TONBELLER customers thus can rely on an Audit Standard that states that Siron® solutions comply with statutory regulations in every single aspect.