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Guest YATPA
Posted

Our firm does a small amount of recordkeeping for a business that is asking us for either a SAS70 or something comparable they can provide to their regulatory agency. We don't have a SAS70, so is there something we can provide instead?

Posted

References ?

I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.

Posted

Copies of your checklists, written review procedures, enforcement policies over those review procedures will assist the auditor in trying to asses the plan's internal controls for purposes of setting the audit scope. That is what the SAS 70 - an assesment of internal controls.

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