SHANGHAI, China, April 9 (Bernama-AsiaNet) — Guotai Junan Securities has passed the ISAE No. 3402 again recently, becoming a brokerage with Asset Custodian and Outsourcing Service that has passed the international certification for the fourth consecutive accounting year.
International Standard on Assurance Engagements (ISAE) No. 3402, Assurance Reports on Controls at a Service Organization (ISAE No. 3402 for short), was issued by the International Auditing and Assurance Standards Board (IAASB), which is part of the International Federation of Accountants (IFAC). ISAE 3402 was developed to provide an international assurance standard for allowing public accountants to issue a report for use by user organizations on the controls at a service organization.