Application Control Testing 2365
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Does anyone have recommendations on application control testing, specifically relating to how often testing should be done? Is benchmarking accepted? For instance, if there were no modifications on the object being tested from one year to another, can we rely on the test from the prior year, assuming that we can prove there were no modifications made which would impact how the application is working? Looking for any suggestions on how other companies are handling.
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Hi - This link has several references in it that can help guide this effort. Probably one of the best starting points is to discuss testing with your external auditor after conducting a financial risk assessment and ranking process.
http://www.sarbanes-oxley-forum.com/modules.php?name=Forums-and-file=viewtopic-and-t=2361