SOX.1.5:

1. Risk: Third party service providers may not meet business, compliance and regulatory needs of the business inducing risk.

a. SOX.1.5 A designated individual is responsible for regular monitoring and reporting on the achievement of the third-party service-level performance criteria.

Testing Procedures

Determine if the management of third-party services has been assigned to appropriate individuals.

Testing Frequency

This should be an integral part of development in house. During the planning stages of development security, availability, and processing integrity must be considered.

Evidence Archive Location

Insert hyperlink or location of evidence archive.

Control Stewards Process Narrative

Provide control steward commentary indicating the formal methodology in place.

Control Steward – Jane Manager

Process Illustration

Replace this test by inserting a process diagram, flowchart or other visual representation to illustrate the process narrative as necessary. Include a brief description of the process illustration.

Control Status and Auditors Commentary

The control is effective.

File:Greenlock.jpg

Status is acceptable.

Control Exception Commentary

Status is acceptable.

Remediation Plan

Remediation is not required at this time.