Management and auditing Article Example | Topics and Well Written Essays - 500 words

Management and auditing - Article Example iability of the information that IT system supports and the system operate with the required intention to produce reliable outputs (GFS Consulting, 2014). ITGC comprises of the following control types: Secondly, I recommend that the agency adopt IT Application controls. The application is designed and operates automatically in ensuring accurate and complete processing of data. They vary with the type of business and the purpose. Similarly, they are very essential in ensuring the privacy and security of information which are transmitted between applications (GFS Consulting, 2014). There are many types of IT applications and they include: Moreover, there is a need to have IT controls and Chief Information Officer (CIO) or Chief Information Security Officer (CISO) who will oversee the accuracy, security as well as the reliability of the systems managing and reporting the organizational data. Enterprise Resource Planning System and financial accounting are integrated with the initiation and authorization, processing as well as reporting of financial data. Therefore, they may involve Sarbanes-Oxley compliance to mitigate particular financial risk that the agency may face (GFS Consulting, 2014). I believe additional IT control of the 22 employees will benefit the organization as it will be able to control access to the organizational data. Authorization will be essential in controlling the personnel who are required to access company information. Additionally, the agency will be able to have an automated system which detects and fix problems hence minimizing human interference. Every personnel will have a history on how he or she uses the system, hence helping in making further recommendations and adjustments on how to control the agency