The ten SAS 70 training videos, developed by NDB Accountants and Consultants, are a resource for learning about Statement on Auditing Standards No. 70 (SAS 70) Type I and Type II audits. Each SAS 70 training video covers an essential component necessary for gaining the knowledge, awareness, and skill sets related to Type I and Type II audits.
A list of the titles of the videos follows:
Introduction to the SAS Auditing Standard
Type I Audits
Type II Audits (freezes before content is presented)
Audit Cost and Pricing Factors
Readiness Assessment Questionnaire (freexez before content is presented)
Audit Planning and Audit Fieldwork Activities (freezes before content is pesented)
Roadmap to Compliance
Frequently Asked Questions (freezes during answer to question 4)
This review is based on those training videos that could be viewed entirely.
Type of Material:
Workshop and training material
Could be incorporated into professional auditing workshops or undergraduate/graduate accounting classrooms used in the form of in-class presentation/open discussion or homework assignments for an auditing class.
Explorer or Chrome Browser, headphones or earphones, current Flash video
Identify Major Learning Goals:
To provide exposure to the compliance requirements of SAS70 applicable to reporting on internal controls by service organizations for outsourcing relationships (such as payroll, medical claims processors , data centers, and software as a service) pursuant to regulatory requirements from SOX and HIPPA.
Target Student Population:
College Upper Division, Graduate School, Professional
Prerequisite Knowledge or Skills:
Advanced accounting; some knowledge of auditing or internal controls
Evaluation and Observation
For the six videos that could be reviewed (1,2,4,5,8,10), the author provides the audience with an entertaining method of teaching auditing concepts. Auditing concepts are difficult to teach, and this author is able to concisely summarize compliance with SAS 70 in a professional manner. Integrative content discussed is consisted of Type I/II audit requirements and related internal control documentation, planning, procedures, fieldwork activities, evidence gathering and reports. Nice integration and reference to COBIT and COSO. Also the brevity of the videos makes for more versatile and targeted uses.
Video #1 refers to the the client as a user organization. Recent clarity standards now use the term user entity. This same reference occurs in the first bullet of the text beneath the video.
Potential Effectiveness as a Teaching Tool
Teachers and students could learn a lot in a short time. The author was able to subdivide the numerous compliance requirements of SAS70 into concise and understandable modules. In addition, the presenter had a captivating voice that holds the attention of the audience. Each of the ten videos has a description of its contents and purpose apart from the video itself.
Ease of Use for Both Students and Faculty
The author’s website and the related educational videos are professionally done. The visuals and graphics were excellent. The videos are well-designed to have some of the words included so listeners can read while listening, in case the auditory sound moves too quickly for the user to catch it all.
Videos 3, 6, and 7, froze prior to any useful content being presented. Video 9 froze during the responce to frequently asked question #4. Video #10 froze at the very end, but by this time all of the important information had been presented.
Videos lacked opportunities for interaction with audience.
The viewing size of the video is quite small and cannot be enlarged to full screen, which may be troublesome for showing in-class.
At times some of the text often blocked the navigation icons making it difficult to pause or rewind the video.
Other Issues and Comments:
If the glitches can be taken care of for the four videos, a very nice addition to auditing courses.