Financial reporting processes in many organizations are highly dependent on IT systems. That means automated control activities can significantly affect an entity’s overall control compliance efforts. In addition to reducing IT’s operational effectiveness, serious IT control deficiencies can increase the cost of regulatory compliance. However, selectively “patching” the symptoms instead of addressing the root causes can fail to deliver sustainable benefits.

To remain compliant, companies need a comprehensive risk framework that provides management with a continuous view of the organization’s status. Deloitte’s IT process remediation solutions combine our knowledge in IT operations with our risk and compliance management experience. We integrate proven process models — such as ITIL and CMMI — with non-proprietary IT risk and control frameworks, like COBIT and ISO17799, to provide embedded mechanisms that monitor and collect evidence of your controls’ operating effectiveness in near real time.