Overview#SSAE 16 is a Statement on Standards for Attestation Engagements (SSAE) audit for Service Organizations.
SSAE 16 is a widely recognized auditing standard developed by the American Institute of Certified Public Accountants (AICPA).
A service auditor’s examination performed in accordance with SSAE 16 (“SSAE 16 Audit”) is widely recognized, because it represents that a service organization has been through an in-depth audit of their control objectives and control activities, which often include controls over Information Technology and related processes.
In today’s global economy, service organizations or Service Providers must demonstrate that they have adequate controls and safeguards when they host or process data belonging to their customers. In addition, the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 make SAS 70, and now SSAE 16, audit reports even more important to the process of reporting on the effectiveness of Service Organization Control over financial reporting.