IT Assessments and Compliance

Candela Solutions provides independent assessments of IT environments. This process works with you to mitigate risks, simplify processes, and leverage cutting-edge technologies, with a goal of reducing costs and improving operational effectiveness.

Candela Solutions' Technology practice address IT Assessments with leveraging a certified Information Systems Auditor and if needed, a certified Project Management Professional. These credentials emphasize our commitment to the Candela methodology and approach to internal processes and controls, specifically as they relate to IT.

In selecting the Candela Solutions' Technology team, you will find a partner with an appreciation and understanding of issues like risk-based management, Sarbanes-Oxley, COSO and COBIT frameworks, and growing your own governance-friendly IT controls and processes. A risk-prioritized approach towards governmental mandates, such as the Sarbanes-Oxley Act of 2002 (SOX), adds value, not just compliance. Candela Solutions' Technology practice works to leverage the COSO and COBIT control frameworks, controls design, exchange requirements (NYSE, AMEX, NASDAQ) and PCAOB standards, all in the context of SEC rules and regulations.

The Sarbanes-Oxley Act imposes strict financial reporting requirements on publicly traded companies. This is further confirmed with the pending adoption of XBRL, the Financial Reporting language. Publicly traded companies must have in place controls, policies and procedures to reflect the use of best practices in managing financial systems, as well as in protecting corporate data and access to the data. IT systems are the tool with which companies manage financial systems. This translates to SOX impacting IT systems and a company's technology. Candela Solutions' IT team provides your organizations IT staff with training, approach and procedures to meet your compliance requirements.

Candela Solutions provides a comprehensive strategy for companies that are on the path to compliance for all key functions. Technology is an important backbone of most companies, and the controls and processes for compliance and operational success are an important part of an IT strategy. Technology compliance, as we define it, relates to the systems and processes which impact systems, software, data and processes for internal controls. In addition many clients are extending their compliance into electronic-records management and project management.

Information management is the flow, quality, value, ownership, security, and use of business information. Missteps can be costly. Candela Solutions is ready to work with you to leverage technology and provide your organization with the edge needed to succeed.