In addition to offering companies the leading certification standard for Managed IT Service Providers, the MSPAlliance also has the capability to provide the Statement on Standards for Attestation Engagements (SSAE 16) audit reports. Recognized in the financial services and public sectors, as well as other industries where data security and integrity is critical, SSAE 16 has become an essential assessment for companies throughout the world.
What Makes the MSPAlliance SSAE 16 Program Unique?
By blending the Unified Certification Standard (UCS) and the SSAE 16, the “dual certification” offers managed services companies a cost-effective and comprehensive accreditation.
An auditor can leverage the UCS to significantly decrease the time and investment required to establish the “control objectives” needed for the SSAE 16. This process allows the examiner to quickly and more inexpensively complete their tasks.
SSAE 16 Overview
The American Institute of Certified Public Accountants (AICPA) and the International Auditing and Assurance Standards Board (IAASB) recently issued new standards for an auditor’s report on the controls of a service organization, commonly referred to as a “SAS 70” report. Beginning with reporting periods ending on or after June 15, 2011, reports on controls at those service organizations will be performed in accordance with one of the following new standards:
- Statement on Standards for Attestation Engagements No. 16 (SSAE 16) – Reporting on Controls at a Service Organization, or
- International Standards on Attestation Engagements No. 3402 (ISAE 3402) – Assurance Reports on Controls at a Service Organization.
SSAE 16 is the standard that superseded SAS 70 in the U.S. This set of rules is favored by service organizations with a heavy concentration of their clients based in the U.S. Companies with more global customers may opt to use SSAE 16, but ISAE 3402 could prove to be more beneficial to their clients.
If customers or partners request SSAE16 certification or if you want to know more about the MSPAlliance program, please contact email@example.com or call 530-891-1340.