Controls (ITGCs) Information Technology (“IT”) environments continue to increase in complexity with ever greater reliance on the information. IT general controls (ITGC) are the basic controls that can be applied to IT systems Logical access controls over applications, data and supporting infrastructure. Effect of ITGC on Application. Controls. • Effective IT general controls: – Help make sure that application controls function effectively over time.

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Information technology controls – Wikipedia

The objectives of ITGCs are to ensure the proper development and implementation of applications, as well as the integrity of programs, data files, and computer operations. Financial spreadsheets are often categorized as end-user computing EUC tools that have historically been absent traditional IT controls.

These controls may also help ensure the privacy and security of data transmitted between applications. Articles lacking reliable references from July All articles lacking reliable references. Passage of SOX resulted in an increased focus on IT controls, as these support financial processing and therefore fall into the scope of management’s assessment of internal control under Section of SOX.

The IT organization is typically concerned with providing a secure shared drive for storage of the spreadsheets and data backup. Companies need to determine whether their existing financial systems, such as enterprise resource management applications are capable of providing data in real time, or if the organization will need to add such capabilities or use specialty software to access the data.

Auditing Information technology audit.


To remediate and control spreadsheets, public organizations may implement controls such as:. Operational processes are documented and practiced demonstrating the origins of data within the balance sheet. For instance, IT application controls that ensure completeness of transactions can be directly related to financial assertions. ITGC include controls over the Information Technology IT environment, computer operations, access to programs and data, program development and program changes.

ITGC usually include the following types of controls:. This page was last edited on 19 Decemberat IT departments in organizations are often led by a Chief Information Officer CIOwho is responsible for ensuring effective information technology controls are utilized. Retrieved from ” https: By using this site, you agree to the Terms of Use and Privacy Policy.

This focus on risk enables management to significantly reduce the scope of IT general control testing in relative to prior years. The business personnel are responsible for the remainder.

ITGC – Wikipedia

IT control objectives relate to the confidentiality, integrity, and availability of data and the overall management of the Ckntrols function of the business enterprise. Section requires public companies to disclose information about material changes in their financial condition or operations on a rapid basis.

Companies must also account for changes that occur externally, such as changes by customers or business partners that could materially impact its own financial positioning e.

The five-year record retention requirement means that current technology must be able to support what was stored five years ago. In considering which controls to include in the program, organizations should recognize that IT controls can have a direct or indirect impact on the financial reporting process. July Learn how and when to remove this template message.

Information technology controls

From Wikipedia, the free encyclopedia. SOX part of United States federal law requires the chief executive and chief financial officers of public companies to ccontrols to the accuracy of financial reports Section and require public companies to establish adequate internal controls over financial reporting Section Like application controls, general controls may be either manual or programmed.


These controls vary based on the business purpose of the specific application. IT application or program controls are fully automated i. Access controls, on the other hand, exist within these applications or within their supporting systems, such as databasesnetworks and operating systemsare equally important, but do not directly align to a financial assertion.

Controls, other than application controls, which relate to the environment within which computer-based application systems are developed, maintained and operated, and which are therefore applicable to all applications.

cotrols Public companies must disclose changes in their financial condition or operations in real time to protect investors from delayed reporting of material events.

For idle-time garbage collection, see Garbage collection SSD. In business and accountinginformation technology controls or IT controls are specific activities performed by persons or systems designed to ensure that business objectives are met.

Examples of general controls include the development and implementation of an IS strategy and an IS security policy, the organization of IS staff to separate conflicting duties and planning for disaster prevention and recovery. IT controls are often described in two categories: Application controls are generally aligned with a business process that gives rise to financial reports.

Retrieved from ” https: It consists of domains and processes.