Mastering SAS 70 Audit Reports for Service Organizations

Steve Thompson, Audit Shareholder, and Holly Russo, Internal Audit Senior Manager, were speakers in a Strafford webinar entitled "Mastering SAS 70 Audit Reports for Service Organizations" on June 16, 2010.

Service organizations of all sizes are increasingly asking outside auditors to provide reports on their internal controls under the AICPA's Statement on Auditing Standards No. 70 (SAS 70). The webinar was developed to prepare audit professionals to meet a service-oriented client's particular needs with regard to a SAS 70 report, anticipate special challenges in evaluating a service provider's internal controls and their effectiveness, and produce a high-quality SAS 70 report. Key topics covered in the webinar included:

• Key terms and definitions related to AICPA Statement on Auditing Standards No. 70 (SAS 70)
• Changing uses of SAS 70 reports
• Audit requirements and preparation tactics
• SSAE 16/ISAE 3402

For more information, contact Holly Russo at hrusso@schneiderdowns.com or to access the full presentation, click on the following link or paste the address into your browser: http://www.sp-04.com/r.php?products/taubfa?trk=ZDFCT

Schneider Downs provides accounting, tax, wealth management, technology and business advisory services through innovative thought leaders who deliver the expertise to meet the individual needs of each client. Our offices are located in Pittsburgh, PA and Columbus, OH. 

This advice is not intended or written to be used for, and it cannot be used for, the purpose of avoiding any federal tax penalties that may be imposed, or for promoting, marketing or recommending to another person, any tax-related matter.