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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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They are a subset of an enterprise’s internal control.

This article relies clntrols much on references to primary sources. This focus on risk enables management to significantly reduce the scope of IT general control testing in relative to prior years.

Information technology controls – Wikipedia

In conjunction with document retention, another issue is that of the security of storage media and how well electronic documents are protected contrkls both current and future use. Public companies must disclose changes in their financial condition or operations in real time to protect investors from delayed reporting of material events. Certifies that financial statement accuracy and operational activities have been documented and provided to the CEO and CFO for certification.

SOX part of United States itfc law requires the chief executive and chief financial officers of public companies to attest to the accuracy of financial reports Section and require public companies to establish adequate internal controls over financial reporting Section PC-based spreadsheets or databases are often used to provide critical data or calculations related to financial risk areas within the scope of a SOX otgc.


From Wikipedia, the free encyclopedia. It consists of domains and processes.

While there are many IT systems operating within an organization, Sarbanes-Oxley compliance only focuses on those that are associated with a significant account or related business process and mitigate specific material financial risks.

From Wikipedia, the free encyclopedia.

ITGC – Wikipedia

By using this site, you agree to the Terms of Use and Privacy Policy. This page was last edited on 7 Marchat These controls may also help ensure the privacy and security of data transmitted between applications.

GTAGs are written in straightforward business language to address a contorls issue related to information technology IT conhrols, control, and security.

ITGC usually include the following types of controls:. However, with flexibility and power comes the risk of errors, an increased potential for fraud, and misuse for critical spreadsheets not following the software development lifecycle e. ITGC include controls over the Information Technology IT environment, computer operations, access to programs and data, program development and program changes.

The basic structure indicates that IT processes satisfy business requirements, which is enabled by specific IT control activities. The five-year record retention requirement means that current technology must be able to support what was stored five years ago. They help ensure the reliability of data generated by IT systems and support the assertion that systems operate as intended and that output is reliable.

It also recommends best practices and methods cotnrols evaluation of an enterprise’s IT controls. This article is about IT general controls. Views Read Edit View history. This page was last edited on 19 Decemberat contols July Learn how and when to remove this template message.


Auditing Information technology audit. Application controls are generally aligned with a business process that gives rise to financial reports.

They can support complex calculations and provide significant flexibility. Section requires public companies to disclose information about material changes in their financial condition or operations on a rapid basis.

For idle-time garbage collection, see Garbage collection SSD. To remediate and control spreadsheets, public organizations may implement controls such as:.

Information technology controls

To comply with Itgdorganizations should assess their technological capabilities in the following categories:. Section of Sarbanes-Oxley requires public companies and their public accounting firms to maintain all audit or review work papers conrrols a period of five years from the end of the fiscal period in which the audit or review was concluded. 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.

Retrieved from ” https: These controls vary based on the business purpose of the specific application. This scoping decision is part of the entity’s SOX top-down risk assessment.

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. In addition, organizations should be prepared to defend the quality of their records management program RM ; comprehensiveness of RM i.