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Macpage LLC is a licensed CPA firm registered with the American Institute of Certified Public Accountants. This site provides detailed information on the SSAE 16/SOC 1 Exam (“SAS 70 Audit”) making it easy for you to reach our information assurance professionals and get answers.
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The SSAE 16/SOC 1 Type 1 Exam (also known as the “Independent Service Auditor’s Report on a Description of a Service Organization’s System and the Suitability of the Design of Controls”) is the AICPA standard that supersedes the “SAS 70 Audit” standard as of June 15, 2011. Also called an “assessment” or “audit, ” it…Read the full article…
The SSAE 16/SOC 1 Type 2 Exam (also known as a “Type 2 Service Auditor’s Report” or “Independent Service Auditor’s Report on Description of a Service Organization’s System and the Suitability of the Design and Operating Effectiveness of Controls”) provides independent, third-party verification of management’s assertion that a service organization’s policies and procedures were correctly…Read the full article…