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This is a listing of some of the more common terms and definitions associated
with Sarbanes Oxley and Sarbanes Oxley compliance, and Sarbanes Oxley Software.
SAS 70:
- SAS 70 Definition
Statement on Auditing Standards (SAS) No. 70, Service Organizations, is
an internationally recognized auditing standard developed
by the American Institute of Certified Public Accountants
(AICPA). A SAS 70 audit or service auditor's examination represents
that a service organization has been through an in-depth audit
of their control activities, which generally include controls
over information technology and related processes .Service
organizations or service providers must demonstrate that they
have adequate controls and safeguards when they host or process
data belonging to their customers. Requirements of Section
404 of the Sarbanes-Oxley Act of 2002 make SAS 70 audit reports
even more important to the process of reporting on effective
internal controls at service organizations.
About OpenPages
OpenPages is the leading provider of Governance, Compliance and Risk
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for Sarbanes-Oxley Compliance, Financial Controls Management, General
Compliance Management, Operational
Risk Management and IT
Governance.
The company’s solutions provide the visibility, decision support and
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with numerous regulations, improve operational performance and align strategies
to ensure better results.
Market-leading corporations in financial services, manufacturing, telecommunications,
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and life sciences rely on OpenPages to help them achieve sustainable governance,
risk and compliance management -- enabling them to become well-governed businesses.
Founded in 1996, the company is headquartered in Waltham, Massachusetts, with
regional offices throughout North America and international offices in London, Munich, Paris, Tokyo and Hong Kong.
For more information on OpenPages' suite of business governance software solutions
or to register for an online demonstration, please call 781-693-5999 or visit
www.openpages.com.
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