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Secure, Reliable SAS-70 Certified Hosting
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Q8: What is SAS-70 Certification anyway?
A8:
Statement on Auditing Standards (SAS) No. 70, Service Organizations,
is an
internationally recognized auditing standard developed by the American Institute
of Certified Public Accountants (AICPA). |
A SAS-70 audit or service auditor's examination is widely recognized, because it represents that a service organization has been through an in-depth audit of their control activities, which generally include controls over information technology and related processes. In today's global economy, service organizations or service providers must demonstrate that they have adequate controls and safeguards when they host or process data belonging to their customers. In addition, the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 make SAS-70 audit reports even more important to the process of reporting on effective internal controls at service organizations.
SAS No. 70 is the authoritative guidance that allows service organizations to disclose their control activities and processes to their customers and their customers' auditors in a uniform reporting format.
A SAS-70 examination signifies that a service organization has had its control objectives and control activities examined by an independent accounting and auditing firm. A formal report including the auditor's opinion
("Service Auditor's Report") is issued to the service organization at the conclusion of a SAS-70 examination.
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