SAS 70 Audits - Time to Blow Some Holes in the Hype?
CFO Magazine is out with an article called The Truth About SAS 70. The article addresses something that has been kind of in the back of my mind - companies are boasting they are "SAS 70 Certified" or "SAS 70 Compliant", but what does that really mean. Compliments to CFO Magazine for a thoughtful discussion on the topic.
Joel M. Ungar, CPA is a lifelong resident of the Detroit area and a graduate of The University of Michigan. He is a principal with Silberstein Ungar, PLLC, a Top 15 auditor of SEC public reporting companies. Joel writes observations on different matters and especially on working with and using LinkedIn. He thinks he has a sense of humor.