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Problem
Bumble Beasley runs a medium-sized consulting firm with offices throughout the United States and Europe. For the past several years, the firm has provided continuing education to its 500 employees via monthly seminars in various locations. But, travel costs are becoming prohibitively expensive, leading Bumble to look for other ways to provide continuing education. Bumble has contacted Training Services Unlimited, an application service provider that specializes in delivering Web-based training on various topics to professional services firms.What type of ASP is Training Services Unlimited? What are the advantages and disadvantages of using their services? Discuss the nature and value of an SSAE 16 audit within the context of this case.
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Explain your answer with legal arguments.
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