A-LIGN Blog

Value of the SOC 2 for Service Organizations

If your service organization processes customer transactions that impact financial reporting, such as payroll or other financial reporting function, you are more than likely familiar with the SSAE 16 SOC 1 report and its predecessor the SAS 70. Your customer’s auditors request the SAS 70, now the SSAE 16, every year to fulfill your customer’s […]

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SOC 2 – Not your prior year SAS 70

After a 20 year reign as the service auditor’s report, the SAS 70 was retired this summer with much fanfare. After being used to communicate the design, implementation and operating effectiveness of controls at every type of service organization imaginable, the AICPA published new standards that better align the type of service organization and service […]

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SSAE 16 – What is the Minimum Period for a Type 2 Report?

While working with clients to scope their SSAE 16 engagements, many a times we are asked what is the minimum coverage period for a Type 2 SSAE 16 examination.  Let me try and answer that questions and draw some clarity to it. The SSAE 16 standards require a minimum of a six month reporting period.  […]

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SAS 70 is gone??? Why can’t I get a SSAE 16?

In the past two weeks, we have been asked my multiple clients to explain to their customers that the SAS 70 audit standard was superseded as of June 15, 2011.  Our clients were faced with frustrated user organizations that were looking for their SAS 70 audit report.  We had to not only provide our literature […]

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SSAE 16 Benefits to Service Organizations

Service organizations receive significant value from having an SSAE 16 examination performed.  An SSAE 16 report with an unqualified opinion issued by an independent CPA firm differentiates your company from your peers by demonstrating that your company has achieved a defined set of control objectives relevant to your specific industry, your controls are effectively designed, […]

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First A-LIGN Webinar A Success!

While anyone at our firm could talk for hours on SSAE 16, we typically don’t have an audience of over 90 people register to voluntarily listen to an hour long discussion of the finer points of SOC 1 (SSAE 16), SOC 2, and SOC 3.  On July 27, 2011, we conducted our first video live […]

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SOC 2 and Subservice Organizations

SOC 2 AND SUBSERVICE ORGANIZATIONS After a review of the new SOC 2 guide, Reporting on Controls at a Service Organization, I noticed that the responsibilities of the service auditor, service organization and subservice organization all seem to have increased when it comes to how subservice organizations may be considered / treated under the new […]

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SSAE 16 REPLACING SAS 70

ADVANTAGE TO THE COLLECTIONS INDUSTRY – AGENCIES, ATTORNEYS, VENDORS, CREDITORS AND ASSET BUYERS The AICPA’s Statement on Standards for Attestation Engagements No. 16 (SSAE 16), Reporting on Controls at a Service Organization was issued in April 2010.  As of June 15, 2011, the SSAE 16 effectively replaces the long standing SAS 70 as the U.S. […]

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Redesigned Website and Connect Buttons

I am proud to announce that A-LIGN  has launched a redesigned website to keep in contact with our clients and partners better.  We have added icons to connect with or firm through Twitter, LinkedIn, Facebook, and our blog. We will use these mediums as ways to share the trends in regulatory and compliance services.  Please […]

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