Application benchmarking
The systematic evaluation and validation of automated application controls to verify their design adequacy and operational effectiveness. This involves comprehensively reviewing the integrated control mechanisms and automated logic embedded within software applications to ensure they are appropriately specified, implemented, and functioning as intended.
The objective is to provide assurance that the programmatic checks, validations, calculations, access restrictions, audit logging and other automated controls are soundly architected and reliably enforcing the defined control objectives. This substantiates the automated application controls are capable of maintaining data integrity, operational resilience, security, and compliance across the system’s processes and transactions.
It establishes confidence in the robustness of the application’s internal control environment through systematic testing and examination of the quality and performance of its built-in automated controls.
