SAS 70

The SAS 70 world can be a place of confusion, technical terminology and stringent requirements. It’s also an area of growing importance as service organizations struggle to comply with regulatory requirements, in particular the Sarbanes-Oxley Act of 2002.

From insurance and medical claims processors, hosted data centers and application service providers (ASPs) to payroll, billing and credit processing organizations – these organizations are all facing increased pressure to provide evidence of adequate controls and safeguards when they host or process data belonging to their customers. In fact, many are even finding that a SAS Report is quickly becoming a contractual requirement for doing business.

Having a SAS 70 Report meets these growing requirements as it establishes, via an independent, third party opinion, that the service organization has effectively designed internal control objectives and activities as they relate to a customer’s financial data. It gives the service organization a competitive advantage in the marketplace, builds trust with customers and satisfies the customer’s audit requirements.

Extensive Audit & Internal Controls Experience. In addition to SAS 70 services, MFA’s solid audit and assurance track record, extensive SOX work, and IT and internal controls consulting expertise demonstrates the strength and range of our solutions. The exceptional knowledge base and vast experience amassed over the years puts us in the unique position of being a single source for regulatory, technical and operational guidance. In working with MFA, clients are secure in the knowledge that they are working with truly seasoned professionals.

With MFA, It's More Than Just a Report. At MFA, it's more than just delivering a SAS 70 Report. As part of our omprehensive SAS 70 audit procedures, we also strive to identify the root cause of systemic breakdowns and offer our recommendations for practical, pragmatic solutions to improve an organization’s internal controls and operating efficiencies. The resulting deliverables allow our clients to confidently demonstrate that their infrastructure, applications and processes are appropriately designed and operating effectively, paving the way for them to build trust with their customers.

A Reputation for Quality and Value. We not only provide high quality output but our quality standards also extend to the communication, relationships and research that feeds the audit process. We prioritize a responsive, value-driven, hands-on approach that allows us to thoroughly comprehend the intricacies of the client business and building two-way communication to facilitate an effective, comprehensive SAS 70 audit engagement.