The SAS70 audit guide is a series of reports that will help educate individuals on this widely used auditing standard that was developed in 1992. Section 1.0 gives readers a brief history of SAS 70 audits.
What’s important to note about the auditing standard is that it’s main purposes is to examine an organization’s internal controls or control environment. The auditing standard gained much traction within the last five years due to the passage of the Sarbanes Oxley Act, simply known as SOX to many. At the time of the passing, no one probably knew the implications that section 404 of the SOX act would have on SAS 70 audits. Needless to say, it has been extremely significant. Other regulatory legislation, such as HIPAA and GLBA, have also contributed to the rise of the auditing standard.
To learn more about SAS 70 audits, visit the official resource guide, where current white papers on the auditing standard can be read, along with sas 70 pricing and the ability to obtain SAS 70 sample reports for educational purposes.