Elevating Security with Application Controls
The Ultimate Fortress for Protecting Business Data
In today's digital age where data is the lifeblood of businesses, ensuring data security and accuracy is paramount. The examination of application controls, particularly automated controls, is crucial for building robust systems, preventing errors, and mitigating the risk of data loss
Why are automated controls important?
• High Accuracy: Automated systems can quickly and accurately verify data, reducing human errors.
• Efficiency: Automation saves time and human resources.
• Consistency: Rules and procedures are consistently applied throughout the process.
• Audit Trail: The system records all transaction data, enabling traceability in case of issues.
Key Examples of Automated Controls
• 3-way matching: Verifying the consistency of purchase orders, goods receipts, and invoices to prevent overpayments or receiving incorrect goods.
• Credit limit: Setting credit limits for individual customers to prevent sales to customers who cannot pay.
• PO approve: A process for authorized approval of purchase orders to control costs and prevent unauthorized purchases.
• Data validation: Verifying the accuracy of data entered into the system, such as checking data formats, ranges, and duplicates.
• Automated calculations: Using mathematical formulas and functions to verify the accuracy and completeness of processing, such as calculating sales, costs, and profits.
Testing Custom-Developed Systems For custom-developed systems, thorough testing is necessary to ensure the system functions as designed and has adequate controls. Important tests include:
• Unit testing: Testing individual components of the system to ensure they function correctly according to their defined functions.
• Integration testing: Testing the interaction of different components of the system.
• System testing: Testing the entire system to ensure it meets user requirements.
• User acceptance testing: Having actual users test the system to confirm that it meets business needs.
Why Choose Our Audit Services?
• System Experts: Our team has experience auditing various systems in multiple industries, such as SAP, Oracle, and Navision.
• Systematic Process: We have a clear and comprehensive audit process.
• Modern Tools: We use the latest tools and technologies for auditing.
• Detailed Reports: We provide detailed audit results and recommendations for system improvement.
• After-sales Service: We provide ongoing consultation and support to our clients.
Conclusion
Application control audits are essential for building secure and efficient systems. Choosing the services of an expert auditor will ensure your system is secure and reliable.
Young Adult is ready to serve you.
Contact us at Contact@youngadult.co.th
