DBA International Selects Moss Adams as Approved Auditor
Trade Association Adds Firm to Its Debt Buyer Certification Program
San Francisco, Calif., November 21, 2013 — Moss Adams LLP, the largest accounting and business consulting firm headquartered on the West Coast and one of the largest in the nation, today announced it has been selected one of DBA International’s approved independent third-party auditing firms for its Debt Buyer Certification Program. The program, begun earlier this year, certifies companies and individuals that seek to acquire distressed asset portfolios on the secondary market.
DBA International, a nonprofit trade association that represents the interests of debt buyers, requires its members, starting March 1, 2014, to obtain certification within two years. This includes demonstrating compliance with 19 uniform standards that address account documentation, chain of title, consumer complaints and dispute resolution, and other relevant operational procedures. DBA International will monitor compliance via audits performed by its list of approved independent third-party auditors.
“We look forward to expanding our involvement with DBA International,” said Charlie Shannon, leader of the specialty finance practice at Moss Adams. “We have a long history of working with debt buyers, and our industry experience and regulatory compliance expertise make us well qualified to help certify DBA members.”
“We have a strong reputation in the financial services industry,” added Tullus Miller, national financial services practice leader for Moss Adams. “And the fact that DBA International selected us is a reflection of that reputation. Debt buyers seeking certification know they can choose us with confidence.”
Additional details regarding the certification process are available at www.dbainternational.org.
For more information, please contact Charlie Shannon, Partner, Moss Adams
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