What is Application controls?
In short
Application controls are controls within a particular application that relate to how individual transactions are processed, such as input edit checks, matching and batch totals, and that help ensure transactions are complete, accurate and valid.
Key takeaways
- They can be automated (performed by the system) or manual.
- Their reliability depends on effective general information technology controls.
- Examples: limit checks, validity checks, three-way matches and record counts.
Where it's tested
AUD: Information Technology (IT) Controls in the Audit — study notes, a five-minute revision sheet and practice questions.
Practise: 3 questions
Question 1 of 3 · 0 answered
Which is an example of an IT general control rather than an application control?