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Standards for Attestation Engagement (SSAE 16)

  • SSAE 16 (formerly SAS 70) is issued by the Auditing Standards Board of USA
  • It certifies a service organization’s internal control  on the parameters of  client data security & confidentiality
  • It is mandatory for USA companies outsourcing all/part of their finance function to service organizations
  • SSAE16 serves as a gold standard for internal control worldwide
  • SSAE16 corresponds to ISO 27000 certification in India

ISO 9000:2008

  • ISO 9000:2008 is the industry standard for quality assurance
  • It certifies an organization’s ability to consistently provide products/services to meet customers & regulatory requirement