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SAS 70 Type II
Performance Technology Group is SAS 70 Type II Certified.
SAS 70, short for Statement on Auditing Standard 70 for service organizations, is a standard promulgated by the American Institute of Certified Public Accountants (AICPA) that defines the professional standards used by a service auditor to assess the internal controls of a service organization and to issue a service auditor's report. Specifically, the review is an in-depth audit of an organization's controls over information technology and related processes.
A Type I report describes the organizations description of controls at a given time, and Type II includes everything in a Type I audit plus a detailed testing of these controls over the audit period.
Heavily regulated industries and more rigorous regulatory requirements from legislation, such as the Sarbanes-Oxley Act of 2002 and the Health Insurance Portability and Accountability Act (HIPPA) of 1996, have made successful SAS 70 audit reports even more important. As a result, many leading financial, healthcare and commerce enterprises and institutions are requiring SAS 70 audits of their service providers.
For Performance Technology Group, this standard of performance is one of the leading organizational credentials that can be attained and reflects both the quality of our services and long-term commitment to our clients.
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