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SAS 70 and Indian ITES Industry

SAS 70 and Indian ITES Industry. Presented by : Abhinav Goyal Devang Bhuta Khyati Shah Sonali Gupta Vishal Kumar Jain. SAS 70.

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SAS 70 and Indian ITES Industry

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  1. SAS 70 and Indian ITES Industry Presented by: Abhinav Goyal Devang Bhuta Khyati Shah Sonali Gupta Vishal Kumar Jain

  2. SAS 70 According to Compliance Week, March 15, 2005, "In some cases, auditors and consultants are recommending that companies dump vendors who won't get a SAS 70 audit. ... "

  3. ITES Industry in India According to NASSCOM - McKinsey Report 2009, India is the fastest growing IT hub in the world. It is a happening destination as far as IT industry is concerned.

  4. SOX HR audit Quality audit Different Control processes in an organization

  5. RISK MITIGATION

  6. Satyam It's possible to qualify for SAS 70 certification and still be a fraud. “If they’re lying and committing fraud on their own books, there’s no reason to believe they wouldn’t do the same thing in connection with dealing with customers.”

  7. Recommendation/ Conclusion SATYAM Fraud even after SAS 70 audit is a clear cut indication that much more regulations and procedures have to be implemented in SAS 70

  8. THANK YOU

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