Comments on: The SaaS accounting questions you need to ask http://www.accmanpro.com/2009/10/01/the-saas-accounting-questions-you-need-to-ask/ Thu, 09 Feb 2012 10:01:51 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Monday’s Musing: The Hidden Value In SaaS Deployments http://www.accmanpro.com/2009/10/01/the-saas-accounting-questions-you-need-to-ask/comment-page-1/#comment-7052 Monday’s Musing: The Hidden Value In SaaS Deployments Mon, 25 Jan 2010 14:52:08 +0000 http://www.accmanpro.com/?p=5640#comment-7052 [...] The SaaS accounting questions you need to ask [...] [...] The SaaS accounting questions you need to ask [...]

]]> By: Danny Johnson http://www.accmanpro.com/2009/10/01/the-saas-accounting-questions-you-need-to-ask/comment-page-1/#comment-7051 Danny Johnson Fri, 02 Oct 2009 17:04:46 +0000 http://www.accmanpro.com/?p=5640#comment-7051 Enjoyed reading the post. As I work at a company that's been doing SaaS for over ten years, I will agree that Mr. Howlett brings up very legitimate concerns that should be addressed when choosing a SaaS provider. As new SaaS products pop up all over, it will be even more critical to fully understand your SaaS provider. Enjoyed reading the post.

As I work at a company that's been doing SaaS for over ten years, I will agree that Mr. Howlett brings up very legitimate concerns that should be addressed when choosing a SaaS provider.

As new SaaS products pop up all over, it will be even more critical to fully understand your SaaS provider.

]]> By: Dennis Howlett http://www.accmanpro.com/2009/10/01/the-saas-accounting-questions-you-need-to-ask/comment-page-1/#comment-7050 Dennis Howlett Thu, 01 Oct 2009 22:36:20 +0000 http://www.accmanpro.com/?p=5640#comment-7050 Sorry Brandon - I should've made the distinction - will update Sorry Brandon – I should've made the distinction – will update

]]> By: Brandan http://www.accmanpro.com/2009/10/01/the-saas-accounting-questions-you-need-to-ask/comment-page-1/#comment-7049 Brandan Thu, 01 Oct 2009 22:30:07 +0000 http://www.accmanpro.com/?p=5640#comment-7049 Nice follow up to yesterday's discussions. One other important this to note regarding SAS70's (which many people gloss over). You get a SAS 70 Type I and a Type II. A type I is basically a report which states that the auditor agrees with the description of the process and the controls in place. A type II report actually gives a level of assurance, and the auditor has to test the controls for this report. Type I does not involve actual testing and therefore provides a much lower level of assurance. In my auditing days we saw quite a few clients being content with Type I's as they did not realize there was a diff - we would always have to perform quite a lot of additional work on the service providers which only provided Type I's. Nice follow up to yesterday's discussions. One other important this to note regarding SAS70's (which many people gloss over). You get a SAS 70 Type I and a Type II. A type I is basically a report which states that the auditor agrees with the description of the process and the controls in place. A type II report actually gives a level of assurance, and the auditor has to test the controls for this report. Type I does not involve actual testing and therefore provides a much lower level of assurance. In my auditing days we saw quite a few clients being content with Type I's as they did not realize there was a diff – we would always have to perform quite a lot of additional work on the service providers which only provided Type I's.

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