Assurance Reporting: What does the Evolution of SAS 70 to SSAE 16 and ISAE 3402 Mean for Outsourcing Relationships?
Thomas Hall, Managing Director, Contract Negotiations Advisory Third-party assurance reports provide customers of outsourced services with information about the internal controls maintained by their provider’s delivery organization. Historically, the control standards set forth by the American Institute of Certified Public Accountants (AICPA) in Statement on Standards No. 70 (SAS 70) have been most commonly applied [...]