Compliance Audit Requirements
The Receivables Management Certification Program is designed to provide three distinct compliance audits to ensure multiple and varied opportunities exist to verify compliance.
Self-Compliance Audit
- Performed on initial certification application and every three years thereafter upon renewing certification.
- Attestation will be subject to independent third-party verification at renewal.
Full Third-Party Compliance Audit
- Performed by an RMAI Authorized Audit Provider during the 16th to 20th month of the initial three-year (3) certification and every three years thereafter.
- Written notice of the audit will be given prior to the 16th month of your certification, in which the Certified Company shall have five (5) months to have the Audit completed, inclusive of the Audit Committee’s receipt of the Audit findings.
- Audit extensions of no more than two (2) months may be granted by the Audit Committee, in its discretion
- Failure to comply shall result in the immediate suspension of certified status.
Limited Third-Party Compliance Audit
- Specific third-party allegations of non-conformity may be investigated by an independent third-party auditor at any time.
- RMAI will contract with an Authorized Audit Provider to perform the audit.
If you have a question or need further guidance on the Receivables Management Certification Program, please contact RMAI at (916) 482-2462 or by email at [email protected].
Authorized Audit Providers
AARC-360 115 Autry Mill Rd. Johns Creek, GA 30022 Website: https://www.aarc-360.com |
Contact: Neil Gonsalves Phone: 866-576-4414 Ext. 101 Email: [email protected] Location: US & Globally |
Acumen Solutions Group 35 Pinelawn Road, Suite 112 Melville, NY 11747 Website www.acumensolutionsgroupllc.com |
Contact: Anthony D’Elia Phone: 631-719-5511 Fax: 866-594-9689 Email [email protected] Location: U.S. |
ARM Compliance Business Solutions, LLC PO Box 1680 Pell City, AL 35128 Website www.armcbs.com |
Contact: Sara Woggerman Phone: 205-753-1861 Email [email protected] |
Bedard Law Group, P.C. 2810 Peachtree Industrial Blvd, Suite D Duluth, Georgia 30097 Website www.bedardlawgroup.com |
Contact: John Bedard Phone: 678-253-1871 Email [email protected] |
Brownstein Hyatt Farber Schreck, LLP 410 17th Street, 22nd Floor Denver, CO 80202 Website www.bhfs.com |
Contact: Sarah Auchterlonie Phone: 303 223-1228 Email [email protected] |
Corporate Advisory Solutions, LLC 2 Logan Square 100 N. 18th Street, Suite 300 Philadelphia, PA 19103 Website www.corpadvisorysolutions.com |
Contact: Michael Lamm Phone: 215-717-8719 Fax: 215-253-4802 Email [email protected]Location: U.S. |
Pro Forma, Inc PO Box 451132 Atlanta, GA 31145 Website www.proformainc.net |
Contact: Daniel Schindler Phone: 770-317-2776 Email [email protected]Locations: U.S |
Provana, LLC 901 Warrenville Road, Suite 525 Lisle, IL 60532 Website www.provana.com |
Contact: Karan Grover Phone: 847-350-1615 Ext. 2007 Email [email protected] Locations: U.S and India |
Maurice Wutscher, LLP 5 Walter Foran Blvd., Suite 2007 Fleminton, NJ 08822 Website www.mauricewutscher.com |
Contact: Donald Maurice Phone: 908-237-4570 Email [email protected] |
Authorized Auditor Application
RMAI welcomes applications from qualified businesses that are interested in becoming an “authorized audit provider” for the Receivables Management Certification Program. Completed applications and any related questions should be directed to [email protected].