Who does SAS-70 Audit

type="text/javascript">followed very strictly. This is to ensure
Only an independent certified public accountantprofessional competence while conducting the
(CPA) or firms of CPAs are allowed under the USaudit and adhering to the set standards of audit.
regulations to conduct the SAS-70 audit. WhileThere is a provision of peer review where
performing the SAS-70 audit the CPA/CPA formsanother independent CPA/CPA firm undertakes a
must ensure that they follow the strict specificpeer reviews as per AICPA guidelines to ensure
standard enforced by the American Institute ofthe service organization’s service audit
Certified Public Accountants (AICPA). The CPAhas been completed in compliance to the
CPA firms are obliged to follow the guidelinesapplicable and established professional standards.
issued by the AICPA in respect of planning andThe auditing practices and standards vary form
execution and thereafter supervision of thestate to state as per the requirements of the
auditing procedures to be followed. The reportinggoverning state board or any other governing
standards enshrined in SAS-70 needs to bebody as the case may be.