During the walk-through procedures for an upcoming audit, an IS auditor notes that the key application in scope is part of a Software as a Service (SaaS) agreement. What should the auditor do NEXT?
During the walk-through procedures for an upcoming audit, an IS auditor notes that the key application in scope is part of a Software as a Service (SaaS) agreement. What should the auditor do NEXT?
When performing walk-through procedures for an upcoming audit involving a Software as a Service (SaaS) agreement, it is crucial to verify the existence of a right-to-audit clause. This clause ensures that the auditor has the legal right to access and review the service provider's controls, processes, and data to assess compliance and effectiveness. Without this clause, the auditor's ability to perform a thorough and effective audit would be significantly hindered.
Service level agreements (SLAs) define the level of service that the SaaS provider agrees to offer and the metrics by which that service will be measured. It's crucial for the auditor to ensure that SLAs are clearly defined in the agreement and actively monitored to ensure compliance.