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WS+B
GA
can assist clients in addressing various issues specific to
their industry or business environment.
Examples of our specialty services include, but are not
limited to:
SAS 70 Auditing
Services
In today's global economy, service organizations are
required to demonstrate that they have adequate controls and
safeguards when they host or process data belonging to their
customers. WS+B
GA offer the following SAS 70
Auditing Services.
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A
Type I SAS 70
report provides the service organization's description
of controls at a specific point in time and includes the
service auditor's opinion on the fairness of the
presentation and the suitability of the design of the
controls to achieve the specified control objectives.
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A
Type II SAS 70
report includes the information contained in a Type I
report and also includes the service auditor's opinion
on whether the specific controls were operating
effectively to provide reasonable, but not absolute,
assurance that the control objectives were achieved
during the period audited.
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SAS 70 Readiness Assessment:
Aids organizations to determine their preparedness for
an actual SAS 70 audit
Financial Restatements
Though no company would like to go through the process of
restating financial results for prior years, the fact
remains that Section 404 of the Sarbanes-Oxley Act has
brought about a level of intense scrutiny on how public
companies produce financial results for their investors.
WS+B GA understands that a client, in discharging its
responsibilities for producing reliable financial statements
must consider the possibility of having to amend financial
statements of prior periods.
Our
highly experienced and qualified professionals are trained
as subject matter experts (SME’s) to analyze and review
specific issues that an organization must focus on to
restate financial statements of prior periods. Our SME’s
experience span topics such as revenue recognition,
valuation reserves, deferred taxes, equity accounting,
accruals & contingencies and other critical issues. |