What is Information Technology General Controls (ITGC?)
ITGC, which stands for IT General Controls, is a framework of policies and procedures designed to ensure the reliability, security, and efficiency of an organization’s IT systems. These controls govern how technology is used, managed, and maintained; impacting everything from access to systems to how changes are implemented and data is backed up. Essentially, ITGCs act as a foundational layer for cyber security and data integrity, helping organizations mitigate risks like data breaches and unauthorized access.
How we can help
Businessmatica specialises in planning, design and implementation of Information Technology General Controls (ITGC) by leveraging our wealth of experience in Enterprise Resource Planning (ERP) and Enterprise Performance Management (EPM) applications. ITGS is a subset of the Controlling activities of an Internal Control Framework.
Information Technology General Controls (ITGC) refers to a set of policies and procedures that ensure the secure, reliable, and efficient operation of an organization’s IT systems and data. These controls are fundamental for maintaining the integrity, availability, and confidentiality of information systems and data. ITGCs are crucial for organizations that rely on IT systems for various business processes, particularly those dealing with sensitive information or financial reporting.
ITGCs encompass:
- Access Controls
- Program Changes (Change Management)
- Program Development
- Business Applications Functions and Operations
- Physical Security
- Data Backup and Recovery
- Security and Compliance
Why are ITGCs important?
- Data Security
- System Reliability
- Compliance
- Risk Management
- Reputation Management
A well-structured ITGC audit checklist is crucial for ensuring the reliability and security of an organization’s IT environment and supporting its overall business objectives.
ITGCs are often audited to ensure they are implemented effectively and are operating as intended. Audits may involve ongoing monitoring, identifying and responding to issues, as well as proactive internal audits.