SAS 70 Overview Presentation & Audit Checklist | Part I Tutorial

Learning about SAS 70 audits should be straightforward and comprehensive, and that’s what the sAS 70 overview presentation & audit checklist is about. This is part I of a multi-series of educational discussions on SAS 70 Type I and Type II audits.

The first SAS 70 overview presentation & audit checklist will focus on the history and overview itself on SAS 70 audits.

The SAS 70 auditing standard was put forth in 1992 by the American Institute of Certified Public Accountants (AICPA). It became an auditing standard that incorporated elements of previous auditing standards, such as SAS 44 and SAS 55. The main theme around the SAS 70 auditing standard (AU 324) is that of internal controls. It’s an auditing standard used by auditors to examine an entity’s internal control environment. It became widely popular and has been used extensively since the passage of the Sarbanes-Oxley Act of 2002. What’s more, other legislation has also had a profound affect on SAS 70, such as HIPAA and GLBA.

It’s important to note that the growth of SAS 70 audits will most likely continue as user organizations need assurance of what their outsourcing providers (service organizations) are doing in terms of day to day operations.

Additional information, such as obtaining SAS 70 sample reports, industry news, and relevant white papers can be viewed by visiting the official sas 70 resource guide, where a wealth of information on the auditing standard can be found.

you can also learn about SAS 70 pricing and view the roadmap to compliance for Type I and Type II audits.