The Auditing Standards Board of the AICPA issued Statement on Standards for Attestation Engagements (SSAE) No. 16, “Reporting on Controls at a Service Organization.” This new Standard is similar to the global standard (ISAE 3402). SSAE No. 16 will supersede SAS No. 70. The effective date for SSAE No. 16 will [...]
Tag Archives: SSAE 16 certified
Will entities now become “SSAE 16 certified”?
May 28, 2010 – 12:08 pm
Here is the excerpt verbatim from the AICPA:
Q. — Will entities now become “SSAE 16 certified”?
A. — No! A popular misconception about SAS 70 is that a service organization becomes “certified” as SAS 70 compliant after undergoing a type 1 or type 2 service auditor’s engagement. There is no such thing as [...]