Batch job scheduling and monitoring
Controls over scheduled jobs and interfaces that move and process financial data, including who can change schedules and how failures are detected and resolved.
Computer operations
IT general controls that keep financially significant processing running completely and accurately: job scheduling, backups and recovery, incident handling and oversight of IT service providers.
Backup and recovery
Backups of financial systems and data, restricted access to backups, and tested restoration, as auditors test them where data loss could affect financial reporting.
IT incident and problem management
Logging, escalating and resolving processing failures and IT incidents that could affect financial data, and linking fixes back to the change process.
IT service providers and SOC 1 reports
How hosted, cloud and outsourced IT services in the financial reporting process are covered: obtaining SOC 1 reports, mapping complementary user entity controls and handling gaps in coverage periods.
