Regulatory Compliance, Governance and Security

Nov 17 2009   7:33PM GMT

SAS 70 Audits | How Expensive are They and What is the true Cost?



As a SAS 70 auditor for a nationally recognized boutique CPA firm, i can honestly attest to the fact that SAS 70 pricing is still all over the map. I hear of SAS 70 Type I audits costing as little as $12,000 to SAS 70 Type II reports costing as much as $70,000. That’s not too say these prices are “incorrect”, rather, you have to try and understand the true “scope” of the audit and what is actually being covered in the SAS 70 Type I or SAS 70 Type II audit. Remember, there is without question a baseline cost involved in every SAS 70, but the scope of the audit is what will ultimately determine the fee for a Type I or a Type II audit.

If you want to learn more about pricing for SAS 70 audits along with other essential auditing information concerning Type I and Type II audits, then visit the official SAS 70 Resource Guide, where a wealth of information is provided on Statement on Auditing Standards No. 70 (SAS 70).

And remember, the lowest fee is by no means the best fee for your organization. Pricing alone should not dictate who you would use to conduct your SAS 70 Type I or Type II audit.

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