Secure, Reliable SAS 70 Certified Hosting
Q8: What is SAS 70 Certification anyway?
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.