“Audit sampling is the application of an audit procedure to less than 100 percent of the items …for the purpose of evaluating some characteristic…” (AICPA, Audit Sampling Guide 2.19). Audit sampling is used in the context of a SAS 70 audit as a basis to form a conclusion on the operating effectiveness of controls for […]
Tag: Guidance
Non-CPA Organizations Performing SAS 70 Audits
Question One: Can non-CPA organizations perform SAS 70 audits? Answer: No. Question Two: Can non-CPA organizations partner with CPA firms to perform SAS 70 audits? Answer: No. If you think otherwise, contact any member of the AICPA SAS 70 Task Force (Hint: their names are in the SAS 70 Audit Guide). Any one of them […]