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| Business of Information Technology > Business Management > Financial Management > |
Auditing (Finance)
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ALSO CALLED: Auditing
DEFINITION: SAS 70 (the Statement on Auditing Standards No. 70) defines the standards an auditor must employ in order to assess the contracted internal controls of a service organization. Service organizations, such as hosted data centers, insurance claims processors, and credit processing companies, provide outsourcing
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5 Steps Every CIO Should Follow to Increase Operational Maturity through Data Center Automation
| sponsored by Stratavia
WHITE PAPER:
This white paper is directed to technology executives who are looking to increase the efficiency and operational maturity of their IT operations and will discuss each step required to fully realize the potential of your technology investments.
Posted: 10 Jun 2008 | Published: 01 Jan 2007
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IPO Pressure
| sponsored by CIO Decisions
JOURNAL ARTICLE:
Big news: Your company has decided to make an initial public offering (IPO), maybe your company's venture capitalists want to recoup their investment. More likely, your company thinks it has a hot product or service and needs the cash to expand.
Posted: 07 Sep 2005 | Published: 01 Sep 2005
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Executive Guide: Budgeting for Compliance
| sponsored by CIO Decisions
WHITE PAPER:
Without a doubt compliance spending has become a significant portion of the IT budget. As a result, CIOs need to include more time, resources and budget dollars in their planning process. But how much is enough?
Posted: 21 Aug 2005 | Published: 05 May 2005
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AUDITING (FINANCE) DEFINITION (continued): … services that affect the operation of the contracting enterprise. The SAS 70 was developed by the American Institute of Certified Public Accountants (AICPA) as a simplification of a set of criteria for auditing standards originally defined in 1988. Under SAS 70, auditor reports are classified as either Type I or Type II. In a Type I report, the auditor evaluates the efforts of a service organization to prevent accounting inconsistencies, errors, and misrepresentation, and the likelihood that those …
Auditing (Finance) definition sponsored by SearchCIO.com, powered by WhatIs.com an online computer dictionary
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