Burlington, Ontario, 07-April-2011 – Energy Advantage Inc., a leading energy and sustainability management company, continues to offer its customers added assurance that its internal controls and systems are transparent and secured, complying for the fifth year in a row with Canadian government’s strict Section 5970 of the Canadian Institute of Chartered Accountants (CICA). CICA 5970 is an audit that defines professional standards used by independent auditors to rigorously assess the internal controls of service organizations. It is also equivalent to the US SAS 70.
“Achieving CICA 5970 certification, for the fifth year in a row, enables Energy Advantage to provide our clients with sustainable program solutions that have secured systems and sound procedures,” says Rob Kirkby, President & CEO of Energy Advantage. “By completing CICA 5970 certification, Energy Advantage is able to demonstrate to our customers’ that our controls and procedures have been assessed by an independent auditor and that they have proclaimed the controls are suitably designed and operating effectively”.
Considering the looming North American regulatory environment and stakeholder demands for transparency, Energy Advantage believes that for organizations evaluating service providers, it is more important than ever that the service providers can prove their ability to manage client data in a secure and consistent manner and comply with the highest industry standards. We also believe that our completion of the comprehensive CICA 5970 audit on an on-going basis demonstrates the quality and effectiveness of our operational procedures, controls, security architecture and information technology infrastructure.
About Energy Advantage Inc.
Energy Advantage has a proven track record in delivering comprehensive energy and environmental management solutions to large-scale, multi-facility North American organizations. As a fully independent organization that sits on its ‘customers’ side of the table, Energy Advantage provides managed data services, analysis and solutions which help its many longstanding customers make informed business decisions to achieve improved risk management, lower costs and reduced environmental impact. Energy Advantage has helped its customers across the commercial, industrial and institutional sectors reduce their energy costs by up to 20%, representing $10’s of millions in tangible benefits. For more information visit http://www.energyadvantage.com.