SAS 70 (Statement on Auditing Standards No. 70) was a widely recognized auditing standard that provided guidance on auditing a service organization's internal controls and reporting its customers' financial reporting processes. SSAE 16 replaced SAS 70 in 2011.
Compliance is the act of being in alignment with guidelines, regulations and/or legislation. Organizations must ensure that they are in compliance with software licensing terms set by vendors, for example, as well as regulatory mandates.
An optoisolator (also optical coupler or optocoupler) is a component that uses light to transfer electrical signals between circuits to keep them electrically isolated from each other, preventing surges.
In an organization that supports human capital management (HCM), employees are viewed as assets with quantifiable value that can be increased using specific management techniques and HCM software tools.