IT Application Controls (ITAC) Review Services for Secure and Compliant Systems

ITAC Control Review

Ensuring Organizational Alignment with Evolving Legal and Industry Standards

IT Application Controls (ITAC) are **automated controls embedded within business applications** to ensure that transactions are processed accurately, data remains complete and consistent, and key business processes operate as intended. These controls play a critical role in safeguarding financial reporting, regulatory compliance, and operational reliability by preventing errors, unauthorized changes, and fraudulent activities at the application level.

An ITAC assessment focuses on evaluating application functionalities such as **edit checks, validation rules, automated calculations, system-enforced approvals, segregation of duties, and exception handling**. The objective is to verify that the system enforces the right controls throughout the transaction lifecycle—from data input to processing, storage, and reporting. This ensures that critical activities such as financial postings, data updates, and workflow approvals happen correctly and consistently.

Bucharest, Romania - July 30th 2024 - Male CEO watching the Olympic games stream

The assessment also examines **configuration settings, interface controls** between applications, and **logical access mechanisms** that affect how users interact with the system. By reviewing process flows, transaction logs, and system rules, organizations gain insights into potential risks such as inaccurate data entries, unauthorized changes, weak workflow controls, or breakdowns in system automation.

Strong ITACs support compliance with frameworks such as **SOX, SOC 1, ISO 27001**, and financial audit requirements. They reduce dependency on manual checks, minimize operational errors, and enhance trust in system-generated reports and transactions.

Implementing and testing IT Application Controls regularly helps organizations strengthen internal controls, improve process efficiency, and ensure that critical applications deliver consistent, reliable, and audit-ready outputs.