SAS 70

Nov 30 2008   8:39PM GMT

What cabinet position would you want to be elected too? SAS 70

Keith Harrell Profile: SAS70ExPERT

As we begin a new election process, our President is currently in the process of deciding who will fill cabinet level positions. Some bring foreign prestige, such as Secretary of State, and others focus more on domestic issues, such as Secretary of Treasury. Any of these positions will require persons with decisions making ability and new imaginative ideas to manage our growing economy. If I were Director of Office and Management and Budget, I would want to quickly define requirements to manage any new economic stimulus packages. SAS 70 audits would be a requirement that would be enclosed in any new legislation.


If the Federal Government and Warren Buffett is going to own much of our economy, how can we be sure that the financial transactions are processed correctly and that our personal data is kept safe? Yes! SAS 70 audits can fulfill that role.


Currently, we are dishing out funds at record pace. Sometimes {sarcastically}, I wonder why don’t we give every American a printer, and tell them to print only what they need. As a taxpayer, I don’t have any idea what my return on this investment will be. When you purchase Coca-Cola stock, I know what their dividend will be? What is our return on our investment in Citigroup and AIG?

AS 70 audits must become a fundamental requirement for almost any service organization to conduct business with the Federal Government. Do you agree?

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