SSAE 16 & SAS-70
SSAE 16 / SAS-70 / ISAE 3402 reviews / Service Auditors report
In today’s global economy, service organizations or service providers must demonstrate that they have adequate internal controls and safeguards when they host or process data belonging to their customers. The requirements of Section 404 of the Sarbanes-Oxley Act of 2002 make SSAE 16 audit reports even more important to the process of reporting on the effectiveness of internal control over financial reporting.
SSAE 16 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. The issuance of a service auditor’s report prepared in accordance with SSAE 16 signifies that a service organization has had its control objectives and control activities examined by an independent accounting and auditing firm. This report, which includes the service auditor’s opinion, is issued to the service organization at the conclusion of a SSAE 16 examination.
Traecit’s SSAE 16 auditing team members are specialists in providing expert-level guidance for businesses with this need.
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