The audit was conducted by SSAE 16 Professionals (http://www.ssae16professionals.com) a full service accounting firm providing SSAE 16 (SOC 1) audits, SOC 2 audits, and other IT compliance audits.
SSAE 16 Professionals, LLP is one of the nation's leading firms with offices throughout the United States.
The SSAE ED says auditors may help prepare or gather information as long as management directs and takes responsibility for documenting controls in the process, including determining which controls to document.
The SSAE ED says that in giving an opinion on the internal control over financial reporting, the auditor must be satisfied as to the effectiveness of an entity's internal controls and that management's written assertion about it is fairly stated in all material respects.
65, The Auditor's Consideration of the Internal Audit Function in an Audit of Financial Statemen1ts, the SSAE ED proposes that when using internal auditor test results the external auditor must both reperform tests of controls and do independent tests for each significant account, class of transactions and disclosure.
"SSAE 16 compliance provides our customers with peace of mind that we are following repeatable, trackable procedures and shows a level of maturity to our business.
The SSAE 16 compliance covers all managed servers and co-location services provided by Hostirian including their cold-row containment pods which provide the ability to increase server density, locking doors, and dedicated surveillance cameras.
Dieter added, "I think this proposed SSAE is important because it shows we are moving into more subjective and softer information, which includes disclosure of future demands and uncertainties that can face a business.
"The proposed SSAE addresses numerous issues that a practitioner would face in performing such an engagement."
Some federal agency program-specific audit guides and regulations require the use of SSAE
74 was issued to provide general guidance on compliance audits and to clarify the applicability of SSAE