The International Standard on Assurance Engagements (ISAE) No. 3402. ISAE 3402 was issued by the International Auditing and Assurance Standards Board (IAASB), which is part of the International Federation of Accountants (IFAC). At Tungsten Network, we adopted this standard in 2011.
There are two types of Service Auditor's Reports: Type 1 and Type 2. A Type 1 report describes the company’s description of controls at a specific point in time. A Type 2 report not only includes the company’s description of controls, but also detailed testing of the company’s controls over a minimum six-month period. At Tungsten Network, we have committed to conducting an ISAE 3402 Type 2 audit every year. If you are a customer or a third party with an existing non-disclosure agreement, you can ask your contact at Tungsten Network for a copy of this report.