IQ BackOffice has successfully completed
the SAS 70 (Statement on Auditing
Standards No. 70) Type II audit. SAS 70
is an internationally recognized
auditing standard developed by the
American Institute of Certified Public
Accountants (AICPA). A SAS 70 audit is
widely recognized because it represents
that a service organization has been
through an in-depth audit of their
control activities. IQ BackOffice’s
controls were created using best
practices in business process
management, information technology and
security.
The systems and processes evaluated
in this audit include:
- Business process controls
- Application input, process and
output controls
- Information technology
organization and management controls
- Computer operations controls
- System Development and
Maintenance / Program Change
Management Controls
- Logical security controls
- Physical security controls
- Backup and data recovery
controls
SAS 70 Type II audit compliance
should be included in every
organization’s checklist when evaluating
outsourcing vendors, whether the
organization is public or private.
In addition, by utilizing IQ
BackOffice, our clients will be able to
leverage IQ BackOffice’s SAS 70 Type
II audit to help reduce their own
external audit costs for the audit of
individual accounting processes as well
as those required for Sarbanes-Oxley 404
compliance.
For further information on
our SAS70 Type II certification and a
position paper on Sarbanes 404
compliance, please click here.
