
While the most visible aspect of the
Media Rating Council (MRC) is the accreditation that is provided to measurement vendors who are assessed as being in compliance with relevant MRC standards, a significant benefit to the industry that
is not as well known - or as visible - are quality enhancements that are achieved by the measurement vendor when seeking compliance as a function of the audit process.
The MRC accreditation
process is comprised of two distinct parts -- a pre-audit phase and the audit itself -- with actual accreditation being granted once voted on by MRC audit committee members and its board.
The
pre-audit phase, which is known as a gap analysis, is designed to work collaboratively with the measurement vendor seeking accreditation to assess their readiness for audit. This phase is mandatory
for first time digital auditees as well as other initial submissions that qualify and identifies significant gaps providers might have in their compliance with related standards.
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In this
phase, providers commit in good faith to continue with the audit process, with the first step being to address compliance gaps through adjustments to methodology, technology, internal controls or
systems.
A coordination document is prepared outlining audit scope, timing, fees and procedures for the audit (based on results of the pre-audit). Once the actual audit commences, the
MRC staff serve in an oversight and administrative role. Audit tests and analytical processes are conducted by CPAs culminating with a thorough, neutral, fact-based assessment of compliance with
Standards.
This is a combination of "process" evaluation and testing that includes controls testing, data analytics, design activity testing and inspection of required disclosures; the audit
does not simply evaluate that a provider does what they say they do, but assesses the service against industry accepted Standards to determine if the measurement is valid, reliable and effective for
its use.
Once completed, an initial draft report is prepared by the CPA firm and shared with the measurement service being audited to review and respond to findings. An Audit Committee
comprised of MRC member measurement users, many of which may be clients of the provider, is then formed and an audit review meeting is conducted, where accreditation actions are voted on by MRC
members that review the results. The audit and evaluation process is conducted annually for each provider.
MRC standards, developed in conjunction with the industry, are designed to establish
criteria necessary for effective measurement and continuous improvement in changing media landscapes.
Hence, the MRC's process to ensure a provider is in compliance with a Standard has the
effect of enhancing their quality. Each provider that successfully goes through accreditation and undertakes the steps needed to address compliance gaps, improves their quality, often making
meaningful changes to their measurement, controls and transparency, and in turn contributes to advancement of quality in the industry overall.
While measurement service providers, in pursuit
of competitive advantages, continually innovate and look to enhance quality on their own, there are few mechanisms in the industry to motivate quality enhancements based on criteria that the industry
itself has deemed critical.
The independent verification that the MRC provides is an important source of trust for the industry, helps provide users confidence that when working with an
accredited provider they are working with a service that meets published industry Standards and that measurement has been independently audited. The accreditation process itself wherein measurement
users review detailed audits and mandated vendor disclosures is a valuable source of transparency helping to provide confidence to the industry.
But in addition to building confidence, the
accreditation process itself helps fuel advancement of quality within measurement services and in a manner that is aligned with industry-developed standards criteria.