Corporate Governance

While Akcelerant is a private company, we have always taken the posture that management of the company should be in accordance with good business practices and governed similar to a public company. From the beginning, the company has engaged professionals in the areas of legal, accounting and audit to assist with the development of its policies and procedures.

Financials

Akcelerant adheres to GAAP, and an annual audit is performed by Elko and Associates, Ltd. Elko produces audited financial statements, as well as a letter to Akcelerant's customers to indicate Akcelerant is in compliance with all applicable law and has sufficient resources for continued operation and future growth.

Board of Directors

Each Akcelerant company has its own board including outside members. Akcelerant believes that having outside members on its board provides for better corporate management. Board meetings are held regularly according to company operating agreements.

Employment

Akcelerant demands that all of its employees and contractors undergo drug screening, criminal background and credit checks. To be hired, as well as stay employed by Akcelerant, all employees may not have any criminal convictions, be drug free and have a good credit score commensurate with the appropriateness of the types of customers we serve.

Privacy

Akcelerant recognizes that its customers deal with sensitive personal data of their members or customers. Akcelerant regularly educates its employees on the need to keep this data private should they come in contact with it. Additionally, Akcelerant requires all employees to sign an employment agreement that outlines their adherence to policies and procedures associated with privacy.

Security

Akcelerant adheres to strict physical and data security. Its' premises are secured by card access, cameras and other appropriate means. Access to data is provided on a need basis, and strictly structured passwords are required to be changed every 40 days.