Why is a SAS 70 report required?
a. The big increase in demand for SAS 70 audit reports started after the PCAOB indicated that public corporations auditors could rely on a SAS 70 Type II audit during the annual assessment of management internal controls. Since this time, SAS 70 has became an internationally recognized standard and is various other uses, but specifically customers utilize the fact that they have a SAS 70 audit report has a method of establishing that they are a credible organization.
