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The Truth About SAS 70

CFOs who put too much trust in this high-profile report may be putting their companies at risk.

September 1, 2010

SAS 70 certification validates that Sabrix operates as a certified and trusted outsourced tax research provider that meets the rigorous operational controls associated with Sarbanes-Oxley compliance.

That declaration, which resided at press time on the Website of Sabrix, a tax-management software-as-a-service (SaaS) provider, is typical of the language that SaaS vendors and other third-party service organizations use to highlight the importance of auditor reports that are based on the guidance known as Statement on Auditing Standards No. 70. Read more...

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