Linford & Company Methodology: Drafting the Audit Report Early

At L&C, we do two types of audits… SAS 70 audits and royalty licensing audits. Both of these are very different from the audits the clients of most accounting firms are accustomed to going through (such as financial statement audits). While the functional differences are obvious, one key difference that has a profound impact on the success and efficiency of the audit is widely...

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SAS 70 Out (Soon), SSAE 16 In

Did you know SAS 70 Standard is Changing? In an effort to clarify standards and converge with international standards, changes to SAS 70 requirements have been  made by the AICPA. The new standard is Statements on Standards for Attestation Engagements (SSAE) 16 or SSAE 16. These changes, which affect the service organization and the service auditors completing the SSAE 16 engagement, will be...

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