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SAS 70 is Dead!  5 Things You Need to Know about SOC Reporting to Overcome Your 2012 Audits

SAS 70 is Dead! 5 Things You Need to Know about SOC Reporting to Overcome Your 2012 Audits

SAS 70, the venerable internal controls guidance we all came to know and love over the last 20 years, was recently superseded by new guidelines known as Service Organization Controls (SOC) reporting. This new guidance, established by the American Institute of Certified Public Accountants (AICPA), is effective for organizations immediately (July 2011).

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