Are IT General Controls Failures a Big Deal?

Have you ever been invited to a meeting where the IT auditors have identified an IT control failure and everyone is running around like the sky is falling. How is that one IT control failure can cause so much havoc?…

IT General Controls over access to programs and data ensure that authorized and appropriate access exists to systems and transactions. The processes for granting, modifying, and removing access are often manual and prone to errors and exceptions. This is even…