Type I Audits | SAS 70 Training Video II

SAS 70 Training Video II covers essential components for Type I audits. Information covered includes topics such as the “control environment”, the auditing standards’ relationship with the Sarbanes Oxley Act (SOX) of 2002, along with a discussion regarding the Public Company Accounting Oversight Board, known as the PCAOB. 

 

Additional information covered includes understanding the purpose and intent of a SAS 70 Type I audit, while making comparisons to Type II audits.  One of the most important topics covered in SAS 70 Training Video II relates to regulatory compliance for SAS 70 audits and what limitations a Type I audit has for purposes of Sarbanes Oxley (SOX) requirements.  In short, you’ll learn that a SAS 70 Type I audit is effectively known as a “report on controls placed in operation”, while a Type II audit is known as “report on controls placed in operation and tests of operating effectiveness”.

To learn more about other important aspects on SAS 70 Type I and Type II audits, please visit the SAS 70 Training Videos section, where you’ll gain invaluable insight into Statement on Auditing Standards No. 70.

1. Introduction to the SAS 70 Auditing Standard

2. SAS 70 Type I Audits

3. SAS 70 Type II Audits

4. SAS 70 & Audit Scope

5. SAS 70 Audit Cost & Pricing Factors

6. SAS 70 Readiness Assessment and Questionnaires

7. SAS 70 Audit Planning and Audit Fieldwork Activities

8. SAS 70 Roadmap to Compliance

9. Frequently Asked Questions

10. Concluding Thoughts on SAS 70 Audits